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Birmingham Post
Birmingham Post
Business
Hannah Baker

Bournemouth airline secures funding to grow Airbus fleet

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.

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