DHL Express has ended its contract with SmartLynx Airlines to provide air transport services in its European package network, according to the Riga, Latvia-based carrier.
An aircraft database shows SmartLynx in early February placed five aircraft in storage. A conservative assumption that the planes lease for about $225,000 per month suggests that the idle aircraft will cost the airline more than $1 million per month.
SmartLynx Airlines is a provider of outsourced capacity for commercial...
https://www.freightwaves.com/news/dhl-drops-smartlynx-airlines-as-cargo-partner-in-europe