Sonoco ThermoSafe and American Airlines Sign Global Master Lease Agreement

Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) one of the largest global providers of temperature assurance packaging, and American Airlines Cargo, a trusted airline partner in transporting high-value, time and temperature sensitive shipments, are pleased to announce a global partnership lease agreement for the new Pegasus ULD® passive temperature-controlled bulk shipping container.

The Sonoco ThermoSafe’s Pegasus ULD® will join the carrier’s fleet of container products in the coming months. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. The Pegasus is also the world’s first FAA and EASA-approved advanced passive bulk temperature-controlled ULD container for pharmaceutical use, outfitted with real-time tracking and temperature-measuring capabilities.

“We are delighted to partner with American Airlines Cargo and add Sonoco ThermoSafe products to their ExpediteTC temperature-controlled product solution. Combined with American’s expert care and handling, customers will feel assured their shipments will arrive as promised when using our new temperature-controlled passive container,” said Bourji Mourad, who heads Logistics and Partner Management for Sonoco ThermoSafe’s Bulk Rental Group.

American Airlines Cargo has a long history of transporting life sciences and healthcare shipments, including biologics, vaccines, and other time-critical medical cargo – many of which require temperature-sensitive shipping and handling.

“We look forward to welcoming Sonoco ThermoSafe products to our portfolio in the coming months. We believe this global partnership will further strengthen our industry-certified cold-chain network and offer customers looking to transport temperature-sensitive shipments a new solution,” said Brian Hodges, Head of Customer Insights and Products at American Airlines Cargo.
https://investor.sonoco.com/news-releases/news-release-details/sonoco-thermosafe-and-american-airlines-sign-global-master-lease

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