January 13 - Aeroscraft Corporation (Aeros) and Pacific Airlift have signed a memorandum of understanding (MOU) to facilitate air cargo transportation and logistics services with the Aeroscraft fleet in the Asia-Pacific region.

The two aviation specialists will mutually explore the benefits and structure of a potential utilisation of the Aeroscraft's capabilities to provide air transportation and logistics services throughout the region.

The new partnership will allow Pacific Airlift to offer access to Aeroscraft logistics services to its partners and clients in project development, and also allow Aeros to broaden the Aeroscraft's customer base through Pacific Airlift's client network.

Headquartered in Singapore, Pacific Airlift is an aircraft charter company focused on providing charter solutions for corporate clients in all industry sectors.

Aeros plans to have its first initial fleet of 22 vehicles ready for operation in 2016.