Qatar Airways Cargo, IAG Cargo and MAB Kargo Sdn Bhd (MASkargo) have announced their intention to launch a global cargo joint venture that, subject to regulatory approval, will enable the airlines to further enhance existing service levels for customers and partners across the global air cargo market.
The strategic collaboration will bring together the combined expertise and infrastructure of three leading players in the air cargo industry and aims to create significant benefits for customers.
An optimized product offering, improved connectivity, faster transit times, and new route opportunities across their extensive combined networks will provide greater value and service flexibility to customers worldwide. In parallel, the parties are working together to develop industry-leading harmonized safety standards for their customers.
This innovative trilateral alliance will significantly improve the accessibility and efficiency of air freight, enabling customers to expand their global air cargo operations. By combining their resources, Qatar Airways Cargo, IAG Cargo, and MASkargo plan to build a truly connected and more agile cargo network that meets the evolving needs of global trade and logistics.
Mark Drusch, Director of 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 major players to offer unparalleled service and global connectivity, reinforcing our commitment to customer satisfaction and operational excellence. ».
David Shepherd, CEO of IAG Cargo, said: “This agreement demonstrates our track record of business-to-business collaboration. With years of experience forging successful partnerships, we understand the true value they bring. This joint agreement not only opens up new options and opportunities for our customers but also improves connectivity for the businesses and industries they serve, further strengthening the role air cargo plays in facilitating global trade. ».
Mark Jason Thomas, CEO of MASkargo, said: «This strategic collaboration marks a pivotal moment for MASkargo and the air cargo industry. We are excited to partner with Qatar Airways Cargo and IAG Cargo to deliver a new era of value and innovation for our customers. By combining our strengths and expertise, we will deliver an enhanced service offering, expanded global reach, and cutting-edge solutions that meet the evolving needs of the global market, ensuring greater efficiency and connectivity for our partners and customers. ».
The airlines expect to implement the agreement in the near future, subject to obtaining the necessary regulatory approvals.
