April 16 - Oman Air has signed a joint venture agreement with Luxembourg-based Cargolux Airlines International.
The joint venture will enable Oman Air and Cargolux to jointly access new freighter destinations and contribute to the development of Oman's logistics hub.
The agreement will provide Cargolux with access to the belly capacity of Oman Air's fleet and create new opportunities for freight transportation from Oman's port facilities, say the two companies. It is anticipated that the joint venture will also benefit Oman's economy.
"This will be the first full freighter service to have been launched from Oman and it will enable us to jointly deploy significant and commercially attractive freighter capacity throughout Oman Air's network," said Oman Air ceo Paul Gregorowitsch.
"Our product advantages include the carriage of project cargo, livestock, cargo aircraft-only freight, odd size cargo, vehicles and aircraft engines," added Gregorowitsch.
The agreement is signed by Paul Gregorowitsch (right) and Luxembourg minister Francois Bausch (left).