Panalpina and Atlas Air have announced that they are strengthening their partnership in the air freight industry. In a new five-year agreement Panalpina will switch one of its wet-leased aircraft to more than 200 scheduled charters per year, thereby expanding its air freight network. Following the switch Panalpina will operate flights from Hong Kong to Huntsville, US, with dedicated scheduled charters using Atlas Air 747-400 freighters.
“The new long-term agreement with Atlas Air will intensify our cooperation and increase our joint business,” said Lucas Kuehner, global head of Air Freight at Panalpina. “The switch from one of our wet-leased 747-8Fs to more than 200 scheduled full charters per year as part of this agreement equals a change in our procurement strategy and prepares the ground for the continued expansion of our controlled air freight network.”
William Flynn, President and CEO of Atlas Air Worldwide says, “The new agreement, which now includes scheduled charters, enhances our service offering for Panalpina, and we look forward to expanding our relationship with Panalpina as the company’s network grows further.”
As part of the five-year agreement, Panalpina is extending its operation of the wet-leased 747-8F on the transatlantic route, which includes calls in Mexico and the UK.
According to Panalpina the expanded controlled air freight network accounts for 15% of its air freight volumes each year. Within this network, Panalpina controls a series of scheduled charters using different leading air cargo carriers, leased aircraft, ground handling and flight operations.
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