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HCM-MED 4,163 USD/FEU -1.48% Index 2,274 pts
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HCM-JPN 522 USD/FEU -0.75% Index 1,686 pts
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HCM-SEA 331 USD/FEU -2.25% Index 1,696 pts
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HCM-ANZ 4,879 USD/FEU +1.42% Index 7,721 pts
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HCM-MEA Suspended
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HCM-SAM 5,285 USD/FEU -4.24% Index 3,302 pts
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Sunday, 22/09/2024, 15:00 (GMT +7)

653

Etihad Cargo and SF Airlines deepen partnership

Etihad Cargo and SF Airlines partnership expands with new joint venture, offering comprehensive logistics solutions, enhanced connectivity and international express services.

Etihad-and-SF-Signing-Ceremony

Source: Etihad Cargo

 

Etihad Cargo and SF Airlines have announced plans to expand their partnership through a joint venture to provide a “unified logistics solution”.

The new partnership will enable the two carriers to increase their aircraft capacity, improve transit times, network connectivity and expand SF Express’ international express services.

In addition, the partnership will expand flight frequencies, the number of hubs and destinations served.

“Beyond capacity sharing, this partnership represents a full strategic alignment between Etihad Cargo and SF Airlines, combining their strengths to offer a unified, comprehensive logistics solution to customers worldwide,” according to a press release from Etihad Cargo and SF Airlines.

The two companies said the next phase of the partnership will involve finalizing the scope of the partnership, with “updates to be provided in the near future and a definitive agreement to be signed shortly.”

Mohammed Ali Al Shorafa, chairman of Etihad Airways, said: “Etihad is excited to embark on this new journey with SF Airlines, which will enable both airlines to provide even more connectivity, flexibility, and speed to customers for e-commerce and traditional air cargo verticals.”

Wang Wei, chairman of SF Holding, added: "This joint venture is a pioneering development in air cargo logistics between China and the UAE. By joining forces with Etihad Cargo, we are setting new standards for the industry, particularly in response to the rising demand for e-commerce, airmail, and parcel delivery."

"This is a long-term commitment to enhancing the quality and reliability of our operations."

The agreement was announced at SF Airlines' headquarters in Shenzhen on September 18, where key representatives from both airlines formalized the joint venture plans.

The two airlines are set to begin their cooperation in April 2023, initially with the launch of two weekly cargo flights between Abu Dhabi International Airport and Wuhan Tianhe International Airport in Hubei Province, China.

Etihad then added flights to Ezhou and earlier this year it added a weekly cargo service between Shenzhen Bao’an International Airport in China and Zayed International Airport in Abu Dhabi.

 

Source: Phaata.com (via Air Cargo News)

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