AXIO Data Group announces disposal of Air Cargo World

AXIO Data Group announces disposal of Air Cargo World

Move helps focus AXIO’s aviation business on flight schedules, flight status and related analytics

PR Newswire

LONDON, Sept. 22, 2014 /PRNewswire-iReach/ — AXIO Data Group has announced today that US-based Royal Media has completed the acquisition of Air Cargo World.

Air Cargo World is the leading air cargo industry publication read by senior executives at freight forwarders, shippers and cargo airlines across the globe to keep right up-to-date with news from their industry. Royal Media is a leading information company based in New York and focused on a range of sectors including the air cargo industry since its acquisition in 2010 of Air Cargo Management Group.

Henry Elkington, Chief Executive of AXIO Data Group, said: “The Air Cargo World publication is well respected by air cargo executives. We believe that Royal Media will be a good long-term home for this title. This transaction will enable us to focus resources within our aviation business, OAG, on its core digital data and analytical solutions. OAG is the leading global provider of flight schedules and status data to airlines, airports and other travel related businesses. Our products and services are core to strategic and commercial planning across the air transport industry.”

About AXIO Data Group

AXIO Data Group operates a portfolio of market-leading information businesses serving a range of sectors including healthcare, intellectual property licensing, containerised trade and breakbulk services, aviation and forest products. http://www.axiogroup.net/

About Royal Media

Royal Media is a leading New York based information company formed in 1995 and serving the auto finance, banking innovation, accounts receivables management and air cargo industries. http://royalmedia.com/

For Press Enquiries, please email: contactus@axiogroup.net

Follow us on LinkedIn www.linkedin.com/company/axio-data-group-limited

Media Contact: Cecilia Torres, AXIO Data Group Holdings Ltd, +44(0)2075791612, cecilia.torres@axiogroup.net

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SOURCE AXIO Data Group Holdings Ltd

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