DHL and ABX Air Inc. have extended negotiations on a deal under which DHL would assume financial responsibility for leases of five Boeing 767-200 freighter aircraft that ABX is currently operating. ABX has been operating the aircraft on behalf of DHL under an existing agreement that expires in August 2010. The new arrangement, according to an 18 March memorandum of understanding (MOU), also would give DHL an option to lease up to four additional 767s. The March MOU provided that either party could terminate the MOU after 10 April if the parties did not enter into a definitive agreement by that date. That potential termination date was extended 9 April until end-April and was again extended last week until 15 May.
Leaderboard
Related Articles
DHL and IAG Cargo deepen collaboration with major multi‑year Sustainable Aviation Fuel (SAF) agreements
Mammoth Freighters receives FAA certification for 777-200LRMF freighter
Modernising the cargo journey: Inside Cathay Cargo’s digital initiatives
DHL Express appoints new commercial lead for Asia Pacific
DHL Global Forwarding expands air freight capacity between Asia and Europe by leveraging DHL Aviation assets
DHL Express and SHEIN sign GoGreen Plus agreement to advance more sustainable logistics in cross-border E-commerce

