DHL Express, has entered into a Crew and Maintenance agreement (CM) with Singapore Airlines (SIA) to deploy five Boeing 777 freighters. This agreement marks a further step in DHL Express' expansion of its intercontinental air network to meet customer demand in fast-growing international express shipping markets.
"With the deployment of five Boeing 777 freighters, we can expand our express service linking the Asia Pacific region with the Americas. Following the pandemic, we see good prospects for strong growth in trans-Pacific trade lanes. By collaborating with Singapore Airlines, we see a unique chance to establish a long-lasting relationship with a long time partner who shares common values and operates at the highest standard", says Travis Cobb, EVP Global Network Operations and Aviation at DHL Express.
Based at Singapore's Changi Airport and serving DHL's South Asia Hub there, the freighters, which will sport a dual DHL-SIA livery, will be operated by SIA pilots on routes to the USA via points in North Asia. SIA will also oversee the maintenance of these aircraft.
As part of the agreement, the first aircraft delivery will
be in July 2022, with the second in October 2022. The remaining three aircraft
are planned for delivery throughout 2023.
Lee Lik Hsin, Executive Vice President Commercial,
SIA, said: "Today's agreement builds on and strengthens the long-standing
partnership between SIA and DHL. This new freighter operation will support the
fast-growing e-commerce segment, in addition to other key business segments
that rely on trusted express services that DHL excels in providing. It also
provides a foundation on which the partnership between SIA and DHL can be
further expanded in the future. Basing these freighters at Changi Airport will
further reinforce Singapore's position as a key air cargo and e-commerce
logistics hub, contributing to its growth and development."
"This new agreement guarantees capacity on
our critical routes out of Singapore as we gear up for ongoing growth in Asia
Pacific trade," stressed Ken Lee, CEO DHL Express Asia Pacific. "It
gives us greater flexibility to add new routes and optimize our aircraft
utilization in the face of unpredictable changes or sudden increases in
demand."