News / Jobs threat as IAG quits 747F wet-lease deal for block space tie-up with Qatar

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IAG Cargo’s management team arrived at work this morning with broad support from the market for Friday’s decision to return its three wet-leased B747-8Fs.

Terminating the contract seems likely to start a trend of partnerships between carriers, away from ACMI, and could threaten jobs at IAG.

On Friday, British Airways announced that it was terminating its agreement with Atlas Air subsidiary Global Supply Systems (GSS) – which still has two years to run – at the end of April.

IAG also signed a ...