Worldwide Flight Services to acquire Consolidated Aviation

Worldwide Flight Services will acquire Consolidated Aviation Services, the airline ground handling company announced Monday, in a deal that will expand WFS operations in the US. The acquisition is the first big purchase since Paris-based WFS was bought by Platinum Equity LLC last October. The California-based private equity firm said at the time that it would back a global growth strategy for WFS, one of the world’s largest air cargo handlers. Financial terms of the CAS acquisition, which will face antitrust review by regulators in the US, were not disclosed.<br/>