Unveiled at Brisbane airport, Toll Holdings’ new dedicated air fleet includes three Boeing 737-300F and two ATR42 aircraft.
The company says the new planes, together with its 50 charter aircraft, would provide a key platform for freighter services.
A significant milestone for Toll, the agreement brings together the vital core components required to provide a seamless efficient air-freight network.
According to CEO Paul Little, Toll now has the capability to provide efficient and competitive air line-haul services to support the growth in the air express market.
“We expect the business to grow strongly,” he says.
In addition, Toll and discount carrier Virgin Blue, in which Toll has the majority stake, have agreed to enter into a long-term deal for the provision of freight capacity on the Virgin Blue fleet.
“This agreement enables Toll to secure important belly space capacity and operational management throughout the Virgin Blue network, whilst providing Virgin Blue with a strong revenue stream anticipated to grow rapidly,” Little says.
Source AAP newswire