IAG Cargo signs HK capacity deal with Qatar
IAG Cargo has announced that it has signed a long-term commercial agreement with Qatar Airways to purchase capacity on Qatar Airways-operated freighters, effective from 1 May 2014.
January 31, 2014
IAG Cargo has announced that it has signed a long-term commercial agreement with Qatar Airways to purchase capacity on Qatar Airways-operated freighters, effective from 1 May 2014. IAG and Qatar are already partners via the oneworld alliance which the Doha-based carrier joined in October 2013.
Qatar Airways will operate five B777F flights a week between Hong Kong and London on behalf of IAG Cargo, providing continuity of service for IAG Cargo customers, IAG said. The agreement marks a transition for IAG Cargo and follows the company’s decision to transfer freighter operations from its current provider, Global Supply Systems (GSS).
“We have reviewed our long haul freighter programme following the merger of British Airways and Iberia freight businesses to create IAG Cargo,” said Steve Gunning, CEO of IAG Cargo.
“The review took account of the growing cargo capacity available to us from our passenger fleet as well as the outlook for the air freight industry overall and we have made the strategic decision to significantly revise our longhaul freighter programme.
“I would also add that we greatly value the support we have received from GSS over the years,” he said. Global Supply Systems, a London Stansted Airportbased, majority British-owned wet least operator in which Atlas Air holds 49 per cent, operates three dedicated B747-8 freighters on dry lease from Atlas Air, in British Airways World Cargo livery for IAG Cargo. This contract with GSS will terminate effective end-April.