Cargo fuels ACS' record results
Aircraft charter broker Air Charter Service (ACS), has achieved record results with sales in excess of USD 1.2 billion (in its financial year ending January 2021).
The Covid-19 pandemic presented a unique set of logistical challenges for many organisations and individuals, as the world's scheduled air network fell into chaos due to ever-changing travel restrictions and demand for urgent transportation of medical supplies.
A combination of ACS's diversification strategy, global network of offices and experience in crisis situations put the company in a position to deal with a completely unprecedented demand for its services. Whilst all three of ACS’s core divisions of private jets, group charters and cargo saw year-on-year increases, the bulk of its growth was driven by the company’s cargo division. (ah)