The five-year agreement, with an option to extend for another two years, will see Cargojet provide ACMI, CMI, charter and dry lease services to support DHL’s international requirements in Europe, the Americas and Asia.
Cargojet uses 12 freighters to service DHL and DHL intends to add five Boeing 767 Freighters in 2022 and 2023 to meet anticipated demand.
In the Americas, DHL increased capacity by 18% for the 2021 peak season in response to rising demand, particularly from the e-commerce sector.
DHL has added weekly connections from Vietnam to the US, adding 102 tons of capacity from Asia to the Americas.
Mike Parra, CEO of DHL Express Americas says: “Its versatile cargo fleet and high on-time reliability positions us well to further capitalise on the dynamically growing e-commerce market, in particular. This step builds on the significant investments we have made in DHL's aviation capacity and capabilities over the last two years in the Americas.”
DHL intends to be Cargojet’s launch customer for 777 converted freighters, which are expected to enter service in late 2023 or early 2024.
Ajay Virmani, CEO of Cargojet says: “Earning the trust and confidence of Deutsche Post DHL Group is a remarkable milestone in Cargojet's journey. We are even more excited about the opportunity to add value and earn the right to be a long-term strategic partner each and every day.”