IAG Cargo has partnered with Finnair Cargo to increase the reach of both of their freight logistics networks. 

The two firms have entered into a block space agreement on freighter capacity operating between London Luton and Helsinki. 

A twice-weekly A300-600 freighter service currently operates on the transport route. Finnair accounts for seven narrow-body freighters on this route, while IAG Cargo owns two. 

Chief executive officer of IAG Cargo Steve Gunning said this is an asset-light solution that will help his firm to expand the reach of its network. 

He added that IAG Cargo customers will now benefit from an even greater range of delivery destinations as a result of the agreement with Finnair. 

"With Finnair's excellent reach into Asia and our strength in the Americas, this deal will open up new markets for our customers while supporting the responsible management of capacity on our network,"Mr Gunning commented.