Takeover with effect from 1 October 2017 I Significant step towards further strategic development of ZEITFRACHT I WDL-Aviation will continue to be run by a family business

Berlin, 24.10.2017 (PresseBox) - The ZEITFRACHT Group has taken over Cologne-based WDL-Aviation with effect from 1 October 2017. WDL-Aviation currently operates four regional jets with 95 employees. The aircraft each have the capacity to transport a payload of around ten tonnes of freight, particularly in the general cargo and parcel sectors.

"The takeover of WDL Aviation with its operating licences and certificates is an important step in the strategic development of the ZEITFRACHT Group," explains ZEITFRACHT Managing Director Wolfram Simon. "It was important to the owners of WDL Aviation that their company be continued by an independent family business. It is an honour and an obligation for us to continue the tradition of WDL from pioneering work to an internationally active aviation company". The management of ZEITFRACHT plans to combine the advantages of passenger and cargo aviation and to establish a European express network for small packages.

ZEITFRACHT recently submitted a bid for Air Berlin Technik and the Air Berlin subsidiary Leisure Cargo in a bidding consortium with a Munich-based family-owned company that is active in the aviation industry, among others. This platform brokers free cargo capacities.

About the ZEITFRACHT Group
The ZEITFRACHT Group currently generates annual sales of around 100 million euros with around 800 employees at its locations in Berlin, Stendal, Potsdam, Frankfurt-Raunheim and Hanover.

ZEITFRACHT is an independent, owner-managed logistics service provider - now in its third generation. The company was one of the founding shareholders of the German parcel service DPD in the 1970s. ZEITFRACHT only sold its remaining DPD shares to the French company La Poste last autumn.

About WDL-Aviation
WDL-Aviation was founded in 1974 and is based at Cologne/Bonn Airport. The founder, Professor Theodor Wüllenkemper, started operating work and training flights in 1955 - immediately after Lufthansa and even before LTU. The WDL Group's airships in particular are known worldwide as advertising space on the Rhine and Ruhr.

Thomas Schulz, www.pressebox.de