Swiss Farnair buys 45 per cent of K-Mile Air

K-mile chief exec says the partnership "would enhance" the company's growth.

Farnair K-Mile Air

European express air cargo company Farnair acquired a 45 per cent stake in Thai cargo airline K-Mile Air, taking over the stake held by Malaysia’s Transmile Group Bhd.  K-Mile chief executive Kledchai Benjaathonsirikul said the partnership would enhance the company’s growth and strengthen Bangkok as a regional cargo and logistics hub.