Icelandair Cargo handles all shipments to and from Iceland for FedEx and TNT, following a new three-year agreement going into effect in early 2020. After FedEx’s acquisition of TNT, FedEx and TNT have merged their operations, and aim to expand their operations in Iceland in cooperation with Icelandair Cargo. FedEx is one of the largest express transportation companies in the world, headquartered in the United States.
Following the agreement, some changes will be made to Icelandair Cargo’s flight schedule to Europe. With Liege being one of FedEx’s and TNT’s main airports in Europe, there will be a significant increase of flights to Liege in Belgium.
Icelandair Cargo will fly seven times a week to Liege and three weekly flights to the East Midlands in the UK. The company also continues its freight services to all of Icelandair’s 40 destinations.
Icelandair Cargo got a considerable boost following Icelandair’s decision to add Boeing 767 aircraft to its fleet, as these aircraft can transport significant amounts of cargo along with their passenger operations. Icelandair now has four Boeing 767s in its fleet. Icelandair Cargo’s estimates to carry almost 50,000 tonnes of freight this year, of which around 60% is transported the company’s passenger aircraft.
Copyright Photo: Keith Burton. Besides utilizing its Boeing 757 fleet for scheduled passenger and charter operations, the flag carrier also operates the Boeing 757 as a freighter. Icelandair Cargo Boeing 757-23A PCF TF-FIG (msn 24456) climbs away from Southend with its additional “Absolutely Fresh” titles and logo for its fish-hauling operations.
Icelandair Group (Keflavik) reported a 27 percent increase in passengers in the second quarter ending on June 30. The company was also able to swing back into the black with a net profit of $3.5 million.
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