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Cargojet Signs Agreement with DHL to Provide Global Air-transportation Services

Our Bureau - : Mar 30, 2022 - : 11:10 am

Cargojet has entered into a five-year strategic agreement with DHL, with a renewal option for an additional two years, to provide air-transportation services for DHL’s global network.

Cargojet will provide ACMI, CMI, charter, and aircraft dry lease services to DHL to support DHL’s international requirements for Europe and North, South, Central and Latin America, as well as Asia. Cargojet utilizes 12 freighters to service DHL’s current requirements. DHL intends to add 5 additional B-767 freighters during the 2022-23 timeframe to fulfill DHL’s anticipated network requirements.

DHL will be Cargojet’s inaugural launch customer for the B-777 wide body long-range cargo aircraft, which are expected to be deployed in late 2023 or early 2024.

“Earning the trust and confidence of Deutsche Post DHL Group is a remarkable milestone in Cargojet’s journey. We are even more excited about the opportunity to add value and earn the right to be a long-term strategic partner each and every day.” said Cargojet Chief Executive Officer Dr. Ajay Virmani.

“DHL’s international aviation network is a true competitive differentiator and an enabler of growth for our customers. Cargojet’s “customer first” culture has added flexibility and resilience to our network,” said Travis Cobb, EVP, Global Network Operations & Aviation, DHL Express. “A longer-term strategic alignment with Cargojet will bring additional capacity and allow us to continue delivering the highest levels of service quality to the market.”

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