Star Air Cargo [SEP] inception
Star Air (South Africa)
Star Air, incorporated as "Star Air Cargo Pty Ltd", is a South African airline leasing out passenger and cargo aircraft.
History.
Star Air has been trading since 1996. Originally it operated smaller aircraft, flying courier freight and small cargo for DHL Express (hence the "Cargo" name) and other companies contracted to fly for FedEx.
After starting to operate passenger flights, Star Air decided to move out of the smaller aircraft and to begin operating the Boeing
new shares in Air Malawi through a recapitalisation scheme, said PC chief executive officer Jimmy Lipunga. He said to sustain the country's Bilateral Air Services Agreements, the level of participation within the SEP should bring the participation of Malawian nationals, both with the SEP and government shareholding, to 51 per cent.
For this purpose, the new company would exclude its existing wholly owned subsidiaries, Air Cargo Limited and Lilongwe Handling Company Limited, which are thought to be profitable, and which will subsequently be delinked from Air Malawi Limited