DHL, SIA enter CM agreement to operate five Boeing 777 freighters
Category: #business |   By Pankaj Singh |   Date: 2022-03-12

DHL, SIA enter CM agreement to operate five Boeing 777 freighters

DHL Express, an international courier service, has reportedly inked a CM (Crew and Maintenance) agreement with a flag carrier, Singapore Airlines, to deploy and operate five Boeing 777 freighters.

This latest deal represents a further step in the express service’s intercontinental air network expansion to cater to the increasing demand from customers in the booming international express shipping markets.

As a part of the deal, the delivery of the first and second aircraft will be in July and October 2022 respectively, while the remaining three are expected to be delivered by 2023. For the record, the initial agreement is set for above four years and has scope for an extension.

According to Travis Cobb, DHL Express’s EVP, Global Network Operations and Aviation, the company is geared towards expanding services linking the Asia Pacific with the Americas through the upcoming deployment of 777 freighters. By partnering with Singapore Airlines, it is further planning to expand in the trans-Pacific trade lanes and establish a long-standing relationship with the airline.

Based at Singapore Changi Airport and serving the South Asia Hub of DHL, the 777 freighters will be operated by Singapore Airlines pilots on routes to the U.S. via points in North Asia. In addition, SIA will oversee the maintenance of the freighters, which will sport a dual DHL-SIA livery.

DHL Express notably operates around 320 dedicated aircraft in its global network of 220 territories and countries. Boeing 777 freighters, which are the world’s longest-range, largest, and capable twin-engine aircraft, will contribute to the express service’s sustainability goals and help reduce CO2 emissions by 18% as compared to the B747-400 airliners.

The cargo division of SIA operates above 90 destinations as a part of the current network. The flag carrier airline also continues to invest in cargo capabilities, capitalizing on their robust demand fueled by the expansion of e-commerce, pharmaceuticals, and fresh produce, among other segments.

Source credit:

https://www.apnnews.com/dhl-and-singapore-airlines-ink-new-agreement-to-expand-partnership/

  • shareShare
  • Twitter
  • Facebook
  • LinkedIn


About Author

Pankaj Singh     Twitter

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with Read more...

More News By Pankaj Singh

Oracle Prepared to Assist Canadian Banks with Open Banking Transition

Oracle Prepared to Assist Canadian Banks with Open Banking Transition

By Pankaj Singh

The American tech giant Oracle has reportedly expressed its readiness to assist Canadian banks with their open banking requirements, offering necessary tools as needed once the country decides to make this service available. Sonny Singh, the Execu...

Goldman Sachs explores sale options for its fintech unit GreenSky

Goldman Sachs explores sale options for its fintech unit GreenSky

By Pankaj Singh

GreenSky was bought by Goldman Sachs in 2021 for USD 2.24 billion stock deal. Goldman Sachs quotes GreenSky as ‘good business’. Goldman cites itself not best suited to lead the fintech in long run . In the recent turn of event...

Tesla ordered to pay ex-employee over $3.2 Mn in damages over racism case

Tesla ordered to pay ex-employee over $3.2 Mn in damages over racism case

By Pankaj Singh

Electric car manufacturer, Tesla, has reportedly been ordered by a federal jury to pay more than USD 3.2 million in damages to a former worker, following his win in a racial harassment suit. Owen Diaz, who worked as a lift operator at the firm’...