IAG Cargo and Qatar Airways enhance freighter deal
Following on from their one year landmark freighter agreement, IAG Cargo and Qatar Airways have extended and expanded the collaboration indefinitely.
In addition to the contract extension, the airlines have increased the number of destinations covered by the new deal to nine routes. The continuing partnership underpins one of the largest collaborations in the air cargo industry.
IAG Cargo is now purchasing capacity on the nine routes operated by Qatar Airways, in what has become one of the largest cargo partnerships of its kind.
A new Shanghai to Madrid service and a new feed from Islamabad to the IAG Cargo network have been launched, representing this latest stage of the partnership. IAG Cargo is also increasing the capacity it books on the regional routes, covered by the Qatar Airways partnership.
By connecting to IAG Cargo’s wider network through its London and Madrid hubs, the new deal opens up valuable routes for businesses looking to trade between Asia, Europe and Latin America. It will prove particularly beneficial in supporting flows of garments from Pakistan and consumer electronics from Shanghai.
Steve Gunning, CEO of IAG Cargo, commented: “Our freighter partnership model with Qatar has worked very well. That’s why I am pleased to announce that we are extending the deal indefinitely, as well as increasing the number of destinations covered through the partnership.
“Through such agreements we are able to support our customers where they need us and drive network growth in an asset light way. This puts IAG Cargo in a strong position and allows us to focus on delivering the quality products and services our customers demand.”
Ulrich Ogiermann, Qatar Airways Chief Officer Cargo, added: “Qatar Airways Cargo is delighted to further enhance its freight operations and strengthen existing commercial ties with IAG Cargo.
“As the world’s fifth largest cargo carrier, Qatar Airways Cargo’s expanding fleet and exceptional growth, together with our proven reliability and global network, offer a strong platform to enable bilateral alliances.
“Our collaboration with IAG Cargo has proved successful over the past year and this partnership continues to represent an excellent opportunity to develop our business strategy through mutually beneficial commercial agreements.”
Posted on: August 7th 2015