SAUDIA Cargo has signed a new 12-month agreement with Cainiao Network, the logistics arm of Alibaba Group, at the transport logistic and air cargo Europe event in Munich, reports London's Air Cargo News.
The deal, effective from April 1 until March 31, 2024, reserves space on selected saudia Cargo freighter flights operating from Hong Kong to Riyadh and Liege.
The agreement aims to offer tailored solutions to one of the world's leading e-commerce retailers and provides Cainiao with increased access to Middle East markets.
Saudia Cargo is also exploring new lanes from Hong Kong and China to other destinations, such as the Middle East, Africa, and possibly Latin America in the long term.
'The success of last year's cooperation agreement with Cainiao allowed Saudia Cargo to achieve significant growth in e-commerce shipments,' said Saudia Cargo regional director Vikram Vohra.
'We have increased our capacity and number of cargo flights to destinations in the Middle East, Africa, Asia, Europe, and North America to ensure we continue to meet the rising demand for e-commerce.'
SeaNews Turkey
The deal, effective from April 1 until March 31, 2024, reserves space on selected saudia Cargo freighter flights operating from Hong Kong to Riyadh and Liege.
The agreement aims to offer tailored solutions to one of the world's leading e-commerce retailers and provides Cainiao with increased access to Middle East markets.
Saudia Cargo is also exploring new lanes from Hong Kong and China to other destinations, such as the Middle East, Africa, and possibly Latin America in the long term.
'The success of last year's cooperation agreement with Cainiao allowed Saudia Cargo to achieve significant growth in e-commerce shipments,' said Saudia Cargo regional director Vikram Vohra.
'We have increased our capacity and number of cargo flights to destinations in the Middle East, Africa, Asia, Europe, and North America to ensure we continue to meet the rising demand for e-commerce.'
SeaNews Turkey