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Home Business News

Red Star drives company’s expansion with Azman Air Services partnership  

Chidinma NwagbarabyChidinma Nwagbara
4 years ago
in Business News, Company News
Red Star, Red Star drives company’s expansion with Azman Air Services partnership
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Red Star Express Plc, a logistics and cargo generating company, has started its general sales agent services with a partnership with Azman Air Services Limited. 

Nairametrics had previously reported that Red Star added the cargo General Sales Agent services to its portfolio to help aviation companies with easy cargo transportation. 

Under the partnership with Azman, Red star would be connecting passenger goods and packages from one airport to another using the airline’s carriers. In a statement, the company said that with this new development, cargo goods would be transported faster to various destinations in Nigeria, including Port Harcourt, Kaduna, Kano, and Abuja. 

[READ MORE: SEC, FCCPC sign MoU to simplify merger process for quoted companies]

The Group Managing Director, Red Star Express, Dr Sola Obabori stated that the partnership was in line with the company’s expansion drive, especially in the cargo transport and consolidation business. He also spoke on the similar arrangements it had started with Aero Contractors in June while disclosing that there were plans with other reputable airlines in the country and abroad. 

“We have identified cargo consolidation as a key area to extend our business into. We commenced the partnership with Aero Contractors in June, and now we have Azman on board as well. Discussions are ongoing with other airlines, especially the international airlines, to achieve similar outcomes,” he said. 

According to him, it is the company’s ambition to become the leading provider, especially in the aspect of logistics. 

About the company: Red Star Express Plc is a Licensee of Federal Express (FedEx) Corporation, the world’s largest delivery solutions provider. The company has over 150 offices nationwide, with a network reach spanning over 1,500 communities in Nigeria and over 200 countries worldwide. 

It is made up of 4 subsidiaries specializing in areas such as Express Delivery, Logistics, Freight, Outsourcing services, Supply Chain Management, E-Commerce Logistics Solutions, Printing and Packaging, E-Archiving, Business Enterprise Solutions, as well as Agro Logistics and Trade. 

Redstar Express Plc currently trades at N4.05 on the floor of the Nigerian Stock Exchange (NSE). 

[READ ALSO: FinTech Wars: Access Bank reveals how much it lends daily as payday loans]

 

Tags: Aero ContractorsAzman Air Services LimitedDr Sola ObaboriFederal ExpressRed Star Express Plc

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