Acquisition of Skyport

Investment firm Ventus and Singaporean company Sky Logistica have acquired Prague-based Skyport, a central European air cargo infrastructure company. Skyport handles cargo at Prague airport and has operations in Bratislava and Košice, both in Slovakia. It operates in a modern semi-automated airside facility and processes more than half of all air cargo passing through Prague airport.
The airside cargo handling facility in which Skyport operates was acquired by Singapore-headquartered Elite Logistics Fund in connection with the acquisition of Skyport by Ventus and Sky Logistica.Skyport
“The last 12 months have proved the importance of air cargo infrastructure as a strategic component of global trade,” commented Andy Popovich, Chief Executive Officer, Ventus. “Investing in automated facilities and modern operations is the future of this industry and we are excited to work with our institutional capital partners to further invest in this asset class. Skyport has huge potential for growth and we are focused on optimising the existing facilities and unlocking additional capacity by deploying technology to enhance operations.”
Ventus is an infrastructure investment and asset management firm headquartered in Atlanta, Georgia. Founded in 2020, it focuses on investing in air cargo and robotic industrial infrastructure, mainly in Europe and North America.

A more transparent turnaround

Cincinnati/Northern Kentucky International airport and Assaia International are in the process of deploying Assaia’s Turnaround Control solution at the airport. This solution will help improve turnaround transparency and assist the station in working with airline partners to enhance on-time performance. Designed to provide a round-the-clock overview of what is happening during turnarounds, this application will notify employees if it detects any deviations from schedule. In essence it can identify the elements or situations that most often cause delays and report back to managers in order that corrective action can be taken.CVG
“Assaia’s technology adds critical data points to CVG’s early-stage neural network for operational advancements,” explained Brian Cobb, Chief Innovation Officer at the airport. “Structured data generated by artificial intelligence will provide information to make decisions, optimise airside processes and improve efficiency and safety.”
The airport is installing new cameras and artificial intelligence technology at several of its gates to capture turnaround data and provide visibility to its airline partners of what is happening at the airport. Computer vision is used to generate insights from video streams and leverage untapped operational data to optimise apron operations in real-time. The system’s roll-out began in April 2021.