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You are here: Home » International News » Aviation» Aeroscraft, Icelandair Cargo signs MoU to start new air freight service

Aeroscraft, Icelandair Cargo signs MoU to start new air freight service

26 November 2013 | Iceland
 

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Iceland-based airline Icelandair Cargo signed MoU (Memorandum of Understanding) with Aeroscraft Corporation (Aeros) to start a new logistical air freight service.

Both the airlines are working together to establish a strategic partnership that provides a new logistical air freight service and intermodal standard container transportation solutions throughout arctic circle destinations on multiple continents.

The new partnership is expected to turn Iceland as a hub and enhance air cargo distribution in areas such as Greenland, Siberia, Alaska and Northern Canada. This will benefit both air cargo partners, leveraging the Icelandair Group’s capabilities and its strong network and business strategy.

The partnership will help access and enable commercial development of large recent onshore and offshore natural resource discoveries in Arctic and surrounding Northern territories, as well as prevalent known resources including oil and gas, mineral deposits, fishing, etc.

Apart from this, the area is lacking behind poor road connectivity and infrastructure facilities. Infrastructure costs are becoming barriers in the project, as it is difficult to get cargo from point-of-origin to point-of-need.

The Aeroscraft is trying to solve remove each and every barrier of the project. It is providing significant operational fuel savings which is establishing an ideal logistical solution for the project.

The Aeroscraft will solve many of the current logistical problems in the Arctic Circle through its vertical take-off and landing (VTOL) capability for heavy and outsized cargo and ability to transport ISO containers vertically, delivering to the full range of IAC’s territorial reach over the Arctic Circle to Russian, Siberian, Canadian and other Arctic territories.

Aeros and the Aeroscraft will not only assist Icelandair Cargo enhance service capabilities but ultimately augment air cargo distribution to new destinations throughout the world.

“Because of their location and the fact that a great number of North American and Eurasian air routes transit through or over Iceland, IAC is extremely well positioned to utilize the Aeroscraft and we are excited to see how we can service their network,” explains Igor Pasternak, CEO of Aeros.

“As a leader in air cargo logistics throughout the arctic, Icelandair Cargo is a strategic partner for Aeros and will hope to service much of the austere areas of the world.”

The aeroscrafts will revolutionize arctic transportation forever,” stated Gunnar Sigurfinnsson, Managing Director with Icelandair Cargo.

Iceland is located geographically in a strategic distribution location, and has become a gateway to Europe, Nordic and Arctic areas for numerous global exports and leading air cargo distribution.

The geographical position of Iceland currently allows one-stop transatlantic flights, serving as a gateway between Europe and the U.S., and facilitates access to cargo distribution to northern territories and future North Pole transit of air cargo.

Aeros’ newest vehicle, the Aeroscraft, will deliver opportunities for business and consumers globally through access to remote locations, and by its new VTOL cargo delivery capabilities.

Aeros plans to have the first if its initial fleet of 22 vehicles ready for operation in 2016. This fleet will operate on an lease model, providing services including aircraft, crew, maintenance, and insurance.

The demonstration of technological maturity now leads Aeros into fleet development for two configurations of the innovative aircraft this decade, a smaller 66-ton capacity vehicle (ML866), and a larger 250- ton capacity vehicle (ML868).

   
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