January 31 - Air Charter Service (ACS) and Aeroscraft Corporation (Aeros) have signed a memorandum of understanding (MOU) to establish a strategic partnership supporting global project logistics and air cargo services.

ACS and Aeros will explore project cargo air freight and logistics services with the Aeroscraft fleet, augmenting ACS' global air charter business to deliver new cargo alternatives to new destinations.

The Aeroscraft will solve current logistical problems through its vertical take-off and landing capability when moving heavy and outsized cargo, and ability to transport ISO containers vertically, delivering to the full range of ACS' global reach.

"ACS will be a valuable strategic partner when soon introducing point-to-point air cargo delivery solutions for project, industrial, humanitarian and high-value general payloads," said Aeros' ceo, Igor Pasternak.