IAG Cargo Eyes Global Expansion with Joint Business Launch
Deal News | Jun 02, 2025 | Zawya
IAG Cargo, Qatar Airways Cargo, and MASkargo are set to launch a Global Cargo Joint Business in late 2025, pending regulatory approvals. This partnership aims to enhance routing flexibility and capacity for the global air freight market, offering new trade opportunities across regions such as APAC, the Middle East, Africa, Europe, and the Americas. The collaboration is expected to optimize freighter and belly hold capacity, improve customer experience with aligned systems, and integrate streamlined digital solutions and loyalty programs. In addition, the partners commit to providing 1,000 tonnes of free tonnage to the UN World Food Programme, showcasing their dedication to humanitarian efforts. Regulatory approval is ongoing, with further updates anticipated as the launch date nears.
Sectors
- Aviation
- Logistics
Geography
- Global – The article discusses a joint business that involves multiple airlines operating across regions such as APAC, the Middle East, Africa, Europe, and the Americas, indicating a global reach.
- Germany – The press conference announcing the details of the Global Cargo Joint Business was held in Munich, Germany, at the Air Cargo Europe event.
Industry
- Aviation – The article involves major players in the aviation industry, specifically the air cargo sector, which focuses on the transportation of goods via aircraft.
- Logistics – The focus on enhancing routing, capacity options, and operational agility highlights the logistics aspect of the partnership, aiming to streamline air cargo operations globally.
Financials
- 1234 – In 2024, IAG Cargo had a commercial revenue of 1,234 million euros.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IAG Cargo | Participant | Company | A major air cargo company, part of the International Airlines Group, serving a global network and participant in the joint cargo business. |
| Qatar Airways Cargo | Participant | Company | The cargo division of Qatar Airways, known for its global reach and innovative fleet, participating in the joint cargo business. |
| MASkargo | Participant | Company | The cargo division of Malaysia Aviation Group, participating in the joint business to expand global cargo operations. |
| UN World Food Programme | Partner | Charity | An organization fighting hunger worldwide, set to receive support from the joint business in delivering essential supplies. |
| David Shepherd | Chief Executive Officer | Person | CEO at IAG Cargo, promoting the benefits and vision of the Global Cargo Joint Business. |
| Mark Drusch | Chief Officer Cargo | Person | Chief Officer at Qatar Airways Cargo, emphasizing service excellence and corporate responsibility. |
| Mark Jason Thomas | Chief Executive Officer | Person | CEO at MASkargo, highlighting the strategic benefits of the partnership. |
| Virginia Villar Arribas | Deputy Director | Person | Deputy Director for Private Sector Partnerships at WFP, focusing on efficient delivery support. |