Bakkafrost co-founds new air freight company

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Will expand options for salmon farmer and other Faroese exporters and importers.

Local.fo reports that the Faroese salmon farmer Bakkafrost is expanding into the airline business. This is to operate and conduct air-freight business to and from the Faroe Islands.

The new airline, which is yet unnamed, has CEO Regin Jacobsen as chairman of the board of non-executive directors. Bakkafrost chairman Rúni M. Hansen is on the board. Birgir Nielsen has been named as CEO.

The publication wrote that Bakkafrost has reportedly committed to signing up as a top client from day one.

The new carrier is looking to purchase or charter a cargo airplane as of the earliest date possible.

“An agreement has been entered into with Bakkafrost, who will be the company’s main client, and Bakkafrost will likely occupy most of the cargo capacity out of FAE [Vágar Airport]. On incoming trips there will be room for guaranteed deliveries to Faroese importers, also providing a basis for innovation in imports of goods to the Faroe Islands,” the new company wrote.

Last November, Faroese salmon farmer Hiddenfjord announced that it had suspended all air freight to transport goods over climate change. This was inspired in part, by the Boomtown Rats singer, Live Aid founder and political activist Sir Bob Geldof.