New Cargo Airline ‘WEAIR’ to Launch May 28 📈

Sri Lanka’s logistics sector is set for a capacity boost as WEAIR, a new dedicated cargo carrier backed by Luxembourg-based IOTC, commences operations on May 28, 2026. The airline aims to position Colombo as a strategic regional hub, reducing the industry's reliance on passenger belly hold capacity. • Operations & Fleet Starting May 28 with a Boeing 737-800 freighter. The airline plans a phased fleet expansion and a potential listing on the Colombo Stock Exchange (CSE) by 2029. • Key Regional Routes Initial flight rotations will connect Colombo with major South Asian trade hubs: Bengaluru (India) Malé (Maldives) Lahore (Pakistan) Dhaka (Bangladesh) • Economic Impact & Sectors The dedicated freighter service is designed to improve turnaround times for time-sensitive exports, specifically benefiting: Apparel & Textiles Perishables (Agriculture/Fisheries) Pharmaceuticals E-commerce • Investment Background Backed by IOTC, a EU-based fund with nearly € 1 Bn in consolidated assets. The venture is expected to generate significant employment across aviation, logistics, and ground handling sectors.