Following the removal of sanctions, cargo is once again flowing through Tehran; Korean Air Cargo and Uzbekistan Airways launched a new cargo partnership which will enable cargo moving within Korean Air Cargo’s network to reach Tehran’s Imam Khomeini International Airport via Uzbekistan Air’s Navoi hub.
Korean Air Cargo already partners with Uzbekistan Air to feed cargo into Frankfurt, and by the end of April will be able to make use of the airline’s twice weekly service to Tehran with one of its 767-300Fs.
Given the deal with Uzbekistan Airways, Korean Air stands to gain a sizeable foothold into Iran’s cargo market. Last month it was announced that Iran’s Ministry of Land, Infrastructure and Transport had granted Korean Air Lines the rights to operate passenger flights capable of carrying belly cargo, four times weekly between Incheon and Tehran.
This announcement follows a string of new transactions following the removal of sanctions in Iran and subsequently has players within the global logistics industry racing to enter the market.
For a more detailed analysis of how the removal of sanctions affects global logistics, see ACW’s coverage on The Iranian Conundrum.