Qatar Airways Cargo, IAG Cargo and MAB Kargo Sdn Bhd (MASkargo) have announced their intention to launch a joint global cargo business.
The joint business aims to bring together the combined expertise and infrastructure of the airlines and is expected to enable a streamlined product offering, enhanced connectivity, faster transit times, and new routing opportunities across the airlines' combined networks.
In parallel, the airlines are jointly working to develop harmonised safety and security standards for their customers.
According to the airlines, the partnership is expected to improve the accessibility, efficiency and agility of airfreight.
The joint business is subject to regulatory approval and is anticipated to be launched in the near future.
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.”
David Shepherd, chief executive at IAG Cargo, stated: "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 at 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 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.”
