UPS taps Manila freight carrier
United Parcel Service (UPS) says its agreement with Pacific East Asia Air Cargo Airlines (Peac) to fly between Hong Kong and the Philippines is only a temporary measure until UPS can get its own beyond rights from the SAR.
UPS signed the agreement with Peac, a sister company to Philippine Airlines under the control of controversial tycoon Lucio Tan, before opening its intra-Asia hub at the former Clark Air Base in Pampanga in April.
The agreement calls for the Philippine carrier to operate an Airbus Industrie A300 freighter for UPS six times a week, Monday to Saturday, between Clark and Hong Kong.