Transport and Logistics
Republic of Ireland
In June 2019, STAR completed the acquisition of ASL Holdings (“ASL”).
With its fleet of c. 130 aircraft, ASL is a leading global aviation services business and Europe’s largest provider of aircraft wet leasing (“ACMI”) capacity to the growing express and ecommerce logistics sector. ASL also provides long & short haul cargo charter across Europe & Asia as well as a domestic low-cost carrier service in South Africa through its subsidiary Fly Safair. The business has been built by a strong and experienced management team with a combined tenor of >60 years who will be investing alongside STAR.
STAR aims to support the management team in its strategy of continuing to provide a safe and reliable best in class service to all customers, expanding to new geographies, becoming the leading growth partner to the e-commerce sector and drive operational efficiencies.
Important Notice: we have become aware that an organisation with a similar name has been targeting individuals in the UK through unsolicited calls to make cryptocurrency investments. Our firm, STAR Capital Partnership LLP, does not engage in this type of activity. Please see here for information on how to protect yourself from financial fraud and, if you have fallen victim to it, please report it to the UK Financial Conduct Authority by telephone or email: https://www.fca.org.uk/consumers/protect-yourself-scams.