SKYWAYSSkyways Air Services Ltd.
Skyways Air Services renews Qatar Airways cargo agreement as agent
- Agreement
- Air cargo services
Skyways Air Services (NSE: SKYWAYS) has renewed its Global Annual Agreement with Qatar Airways Group Q.C.S.C. as the agent, it said in a filing on 06 Nov 2026. The agreement aims to further increase mutual air cargo volumes handled.
What the renewed agreement covers
Skyways Air Services Limited, acting as the Agent, has renewed its Global Annual Agreement with Qatar Airways Group Q.C.S.C., Qatar. The renewed agreement is effective from 1 Jan 2026 and was signed on 6 Nov 2026, with a term of one year from the Effective Date.
The company says the agreement aims to further increase mutual air cargo volumes handled. The annexure lists no significant terms beyond the Global Annual Agreement itself, and the size of the agreement is stated as not quantifiable.
Related-party status and fit with recent filings
The company states that Qatar Airways is not a related party and that the agreement was entered into in the ordinary course of business on an arm's length basis. The company holds no shares in Qatar Airways Group Q.C.S.C.
The filing comes in a month of several other disclosures. In the last 30 days it reported an acquisition by Brace Port Logistics Limited, a material subsidiary, and a further investment in a subsidiary. Against its latest quarter, total income of ₹1,225.17 crore and net profit of ₹26.79 crore, the size of this agreement cannot be set, because the filing does not quantify it.
What the Qatar Airways renewal means for Skyways Air Services shareholders
The renewal continues an existing cargo arrangement for the company as agent, and the filing says it is in the ordinary course of business. It does not say what the agreement is worth, how much cargo volume it will add, or whether the renewal terms differ from the previous agreement. The effective date was 1 Jan 2026, before the signing date, and the term runs one year from that date.
At a glance
| Item | Detail |
|---|---|
| Company role | Agent |
| Counterparty | Qatar Airways Group Q.C.S.C., Qatar |
| Effective date | 1 Jan 2026 |
| Term | One year from the Effective Date |
| Size | Not quantifiable |
Filed with BSE on . Reference: Original filing (PDF)
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