NYK to partner with new Singapore cargo airline Jett8
Japan's NYK Line has signed a tentative partnership agreement to investment in Jett8 Airlines Cargo, while one of its subsidiaries, Nippon Cargo Airlines (NCA), has also agreed to assist the startup Singapore-based carrier.
NCA has agreed to sell Jett8 a Boeing 747-200 freighter as well as providing block space and general sales agency duties in countries that the new carrier will serve.
Upon receiving its air operator's certificate from the government of Singapore in the spring, Jett8 plans to initially serve from Singapore routes to and from Hong Kong, Europe and the Middle East, as well as intra Southeast Asia.
Jett8 is planning additional routes to China, India, Russia and areas throughout the Pacific region in the near future.
'NCA, through this business collaboration, will not only enhance its network through Singapore and Hong Kong, but will also acquire direct access to the fast-growing trades between Asia and North America/Europe,' NYK said in a statement.