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Turkish Cargo, air cargo brand of Turkish Airlines, targets to integrate the door-to-door express / courier transportation business model into the traditional air cargo transportation service, from the airport to the airport, in order to create a solution platform for the e-commerce sector. With this in mind, a new joint global express company, to be established with China-based ZTO, an express delivery company that delivers the most shipments in the world and Hong Kong-based PAL Air, aims to perform all kinds of logistics activities to provide integrated services in the global e-commerce sector. With this cooperation planned to be based in Hong Kong, our Incorporation has signed a memorandum of understanding (MoU) between ZTO and PAL Air and the developments will be shared with the public. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.