20 Sep 2013 07:00
20 September 2013
AfriAg plc
("AfriAg" or the "Company")
IAG Cargo becomes carrier of choice
AfriAg (AIM: AFRI), the AIM-listed agricultural value chain investing company announces that IAG Cargo has become the freight carrier of choice for AfriAg (Pty) Ltd ("AfriAg SA"), AfriAg's 40% owned logistics unit (collectively, the "AfriAg Group"). IAG Cargo, which represents the combined network of British Airways and Iberia in South Africa, started carrying freight for AfriAg SA several months ago. IAG Cargo will transport freight to Europe for several of AfriAg SA's key existing contracts and it is also the intention of the AfriAg Group that IAG Cargo will transport freight to Europe for prospective contracts.
Paul de Robillard, AfriAg SA's Managing Director, commented:
"IAG Cargo and British Airways provide an outstanding service at OR Tambo International in Johannesburg. They are world class on product security with their duel vision scanners, their knowledge of perishable goods and on timekeeping. We look forward to growing our business with them."
Cayley Buyskes, Area Commercial Manager, IAG Cargo, added:
"We are very pleased to welcome the AfriAg Group as a new and important customer. Our high service levels are specifically designed to meet the precise requirements of logistics operators such as AfriAg SA."
IAG Cargo operates a state-of-the-art holding and movement facility at OR Tambo International. Across their 17 flights a week to Johannesburg and 14 flights a week to Cape Town services, IAG Cargo offers a weekly cargo uplift of over 600 tonnes, which can reach any of its 350 worldwide destinations.
For further information please contact:
AfriAg plc: +44 (0) 20 7440 0640
David Lenigas/Donald Strang
Nominated Adviser and Broker:
Allenby Capital Limited +44 (0) 20 3328 5656
Nick Athanas/Nick Harriss/Michael McNeilly
Public Relations:
Square1 Consulting +44 (0) 20 7929 5599
David Bick/Mark Longson