A Bournemouth-based airline has closed a minority equity investment that will be used to fund its growth.
European Cargo Limited (ECL) is a cargo operator that has a fleet of Airbus A340 long-haul aircraft and operates flights to the Far East and the US from Bournemouth Airport.
The investment was made by Priority 1 Logistics Holdings LLC, a newly-formed subsidiary of US-based Priority 1 Holdings LLC.