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SAS Cargo
has signed an agreement with Sterling Airlines regarding the take over of the entire cargo capacity on the complete network of Sterling Airlines. The agreement
will add approximately 30,000 tons of extra capacity to SAS Cargo's European capacity annually.
Sterling Airlines' 30 passenger aircrafts operate daily to 80 destinations within Europe and this new agreement will bring additional possibilities to SAS Cargo's existing
important markets as well as new destinations.
Kenneth Marx, President of SAS Cargo Group
A/S, said, "With this new agreement we are increasing our total available cargo capacity within Europe and add a number of new destinations to markets where we often
experience a bottleneck effect, especially between southern parts of Europe and
Scandinavia."
Sterling CEO Almar Örn
Hilmarsson commented, "We are very satisfied with this arrangement, and I am convinced that both parties will benefit from it. Transportation of cargo is a core business for SAS Cargo, but not
for Sterling Airlines. Sterling's focus is on scheduled services and charter services for
passengers."
The purchase of Sterling Airlines' entire cargo capacity is a part of SAS Cargo's strategy to provide increased capacity to relevant markets to the customers. The new
agreement comes a month after SAS Cargo bought the General Sales Agency unit from Sterling Airlines (the former Maersk Air Cargo) and formed the business unit
Cubic Air Cargo. With the new agreement, SAS Cargo has taken over all air cargo activities from Sterling Airlines.
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