Chapman Freeborn sells its centralised load control specialist subsidary to dnata
July 13, 2016: In an endeavour to increase the management focus on its core products, Chapman Freeborn announced the sale of its specialist centralised load control subsidiary Air Dispatch CLC to dnata, one of the world's largest air services providers.
Air Dispatch is a global market leader for centralised load control (CLC) planning services, calculating the weight and balance conditions for aircraft prior to flight. Its other services include ULD (unit load device) asset tracking and the development of flight optimisation software.
Russi Batliwala, CEO of Chapman Freeborn, said: “Chapman Freeborn is extremely proud to have been associated with Air Dispatch CLC and grown it as a company. It is a great example of the innovation and entrepreneurial spirit that our group prides itself on.
“We would like to thank its managing director Nick Yeadon and his colleagues in Prague and Warsaw for their contributions in turning this company into such a success story. We believe dnata is a great home for our business and our people.”
Air Dispatch’s client portfolio includes Air Berlin, Cathay Pacific, Finnair, LOT, SAS, Qantas and Qatar Airways amongst others. It currently has 200 employees at its operations centres in Prague and Warsaw.
Batliwala added: “As Air Dispatch continues to rapidly expand and acquire new airline clients, it became increasingly apparent that this highly niche aviation sector was stand-alone from the rest of our global businesses.
“The sale further strengthens our excellent financial standing and allows us to increase our management focus on growing Chapman Freeborn’s core products – both organically and through actively targetting new strategic acquisitions.”