British firm Air One International Holdings (AOIH) and Dutch company Peso Aviation Management have received approval from a court in Belgium to take over the cargo business of Air Belgium (KF, Brussels Charleroi) in a deal worth EUR800,000 euros (USD841,000), the companies announced.

“This positive ruling is not just an important win for Peso and AOIH but also a significant milestone for Air Belgium’s cargo division and its dedicated employees. Together, we now have an opportunity to preserve jobs, strengthen Belgium’s aviation…

Source: ch aviation
Read more: Court gives green light to Air Belgium takeover