IAG Cargo and Qatar Airways Cargo have expanded their freighter capacity partnership by increasing its coverage and extending it indefinitely.
Steve Gunning, CEO of IAG Cargo, said that the partnership model has worked very well. “Through such agreements we are able to support our customers where they need us and drive network growth in an asset light way,” he said. “This puts IAG Cargo in a strong position and allows us to focus on delivering the quality products and services our customers demand.”
Under the agreement, IAG Cargo now purchases capacity on the following routes operated by Qatar Airways: Hong Kong to London and Madrid; Mumbai to London; Dhaka to London; Pakistan (Karachi and Lahore) to three Middle Eastern points (Doha, Dubai and Kuwait); Delhi to London; Chennai to London; Shanghai to Madrid and Islamabad to Kuwait.
“Qatar Airways Cargo is delighted to further enhance its freight operations and strengthen existing commercial ties with IAG Cargo,” said Ulrich Ogiermann, chief officer of cargo at Qatar Airways. “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.”
The partnership is expected to benefit and support flows of garments from Pakistan and consumer electronics from Shanghai, as well as businesses looking to trade between Asia, Europe and Latin America, according to IAG Cargo.