ZURICH: February 02, 2017. ULD provider CHEP Aerospace Solutions is now rebranded as Unilode Aviation Solutions following its sale by Brambles to EQT Infrastructure for US$125 million in November last year.

The name has been derived from the first letters of 'unit load device', while 'lode' is an old English word meaning rich source or supply, according to the company.

The new brand will be officially unveiled at the upcoming IATA World Cargo Symposium in Abu Dhabi, March 14-16.

"This is an incredibly exciting time for the business and our new brand will encapsulate the positive energy across our global team," said Unilode CEO and president Ludwig Bertsch: "Accessible, memorable and true to our core values, Unilode is a name we are proud to stand behind as we continue to consolidate our position as the world's leading provider for outsourced ULD and inflight equipment solutions," he added.

Formed in 2011 as CHEP, Unilode provides pooling, management and maintenance of 100,000 ULDs for more than 90 airlines across a network of 48 global service centers and 420 airports.

Last month Air Caraïbes Atlantique became the company's 40th customer with the signing of a four-year partnership to supply and manage ULDs for the Orly-based airline's A330/A350 fleet.

The carrier said it was already considering the purchase of lightweight ULDs to improve its fuel efficiency and opted for Unilode because it "provided the best mix in terms of assets, global expertise and the lowest overall costs base with the maximum value".