QATAR Airways Cargo, IAG Cargo, and MASkargo have announced their intention to launch a global cargo joint business, aiming to further enhance existing service levels to their customers and partners across the global air freight market.
Subject to regulatory approval, the strategic collaboration will bring together the combined expertise and infrastructure of the three leading players in the air cargo industry, and is aimed at creating significant customer benefits.
The tripartite cooperation intends to deliver streamlined product offering, enhanced connectivity, faster transit times, and new routing opportunities across their combined extensive networks, which aim to deliver greater value and service flexibility to customers worldwide.
In parallel, the parties said they are jointly working at developing industry-leading harmonised safety and security standards for their customers.
Mark Drusch, chief officer cargo at Qatar Airways Cargo said, “Today marks a significant milestone in our ongoing efforts to redefine the global air cargo landscape”.
“This agreement will bring together three strong players to offer unparalleled service and global connectivity, reinforcing our commitment to customer satisfaction and operational excellence.”
By combining their resources, the three companies said they plan to build a connected, more agile cargo network that will address the evolving needs of global trade and logistics.
David Shepherd, chief executive officer at IAG Cargo said, “This agreement is a testament to our history of bringing businesses together”.
“With years of experience in forging successful collaborations, we understand the real value they bring.
“This joint business not only unlocks choice and opportunities for our customers but also enhances connectivity for the businesses and industries they serve, further strengthening the role air cargo plays in facilitating global trade.”
Mark Jason Thomas, chief executive officer at MASkargo said, “We are excited to partner with Qatar Airways Cargo and IAG Cargo to deliver a new era of value and innovation to our customers”.
“By leveraging our combined strengths and expertise, we will provide enhanced service offerings, expanded global reach, and cutting-edge solutions that address the evolving needs of the global market, ensuring greater efficiency and connectivity for our partners and customers.”
The carriers expect to implement the agreement in the near future, subject to first obtaining the necessary regulatory clearances.
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