IAG Cargo, Qatar Airways Cargo and MASkargo are to launch a global cargo joint business, subject to regulatory approval.

The partners promise “a truly connected, more agile cargo network that will address the evolving needs of global trade and logistics”. They say it will offer a streamlined service, better connections, faster transit times, and new routing opportunities across their combined networks

The partners will also develop harmonised safety and security standards.

Qatar Airways chief officer cargo, Mark Drusch, said the agreement was “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.”

IAG Cargo executive officer, David Shepherd, Chief added: “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.”

MASkargo chief executive Mark Jason Thomas, 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 .”

The carriers expect to implement the agreement in the near future, subject to first obtaining the necessary regulatory clearances.