Australian Air Express - History

History

Australian air Express was established in early 1992 as a Domestic air freight company with the ability of pick-up and delivery services using both vans and trucks. AaE started operations on 1 August 1992. It was established as a joint venture between Australia's largest airline Qantas (50%), and government-owned postal provider Australia Post (50%) as a main competitor to the then Ansett Australia. AaE operates more than 50 nightly inter-capital freighter services. AaE use freight capacity on Qantas domestic flights and also dedicated cargo services operated on their behalf by several different companies, principally using Boeing 727 aircraft. Australian air Express began the phasing out of the 727s in September 2006 and they are being replaced by specially-converted Boeing 737 aircraft that were formerly part of the Qantas fleet, operated by Qantas subsidiary Express Freighters Australia. The first Boeing 737 entered service on 24 October 2006. On 2 October 2012, Qantas announced it would acquire Australia Post's 50% interest in AeA, in return for Australia Post acquire Qantas' 50% interest in Star Track Express.