Etihad buys out partner and sets up its own secures valuable service
ETIHAD Airways has established Etihad Secure Logistics Services LLC after buying out its partner in the Armaguard Valuables Management LLC (AVM) joint venture established six years ago
ETIHAD Airways has established Etihad Secure Logistics Services LLC after buying out its partner in the Armaguard Valuables Management LLC (AVM) joint venture established six years ago.
Armaguard Linfox Group Pty (Australia) will now concentrate on its existing business in Australia and New Zealand and develop its services across South East Asia.
Managing director Cargo and Logistics Services at Etihad Aviation Group, Abdulla Mohamed Shadid, said: 'We are now in a position, with Etihad Secure Logistics operating as a wholly Etihad-owned business, to better support the home market in its next phase of growth and development. This comes with increased investment in the valuables transportation and logistics segments, as well as the banking and financial services sectors in Abu Dhabi and the UAE.'
Etihad has appointed Vincent Hampton as managing director of Etihad Secure Logistics, who has a wealth of experience across various sectors as a management and security specialist. He has held various roles with the United States Air Force and the US Department of State in Abu Dhabi, and a decade of leadership roles in security consulting within the UAE private sector, according to London's Air Cargo News.