United Arab Emirates-based carrier Emirates reported net profit up 56% to a record US$1.9 billion in its recently completed 2015/16 fiscal year, with a strong contribution from cargo operations. As has been the case with many airlines in a year of falling fuel surcharges, cargo revenue declined (down 9% to US$Read More
Post Tagged with: "Emirates"
Emirates SkyCargo will not be adding freighters, a senior executive has told Cargo Facts, but rather will concentrate on the most efficient use of the freighters it already has. While Emirates’ cargo business is heavily dependent on belly space in its widebody passenger fleet – the company has called its 777-300ERsRead More
Emirates took delivery of a 777F today. Nothing unusual in that, as the Dubai-based carrier has, over the last few years, taken delivery of twelve other 777Fs. But this one was different, and special in more than one way. First, this freighter (taken on lease from Dubai Aerospace Enterprise) isRead More
Today we begin a two-part analysis of the top cargo carriers in 2014. We will continue tomorrow, when we examine some interesting trends that emerge when we dig a little deeper into the data. After years of steadily rising through the ranks, Emirates became the world’s top international cargo carrier in 2013,Read More
Recent headlines have been full of “the death of freighters,” with the diminishing fleet of Air France-KLM and the eliminated fleet of IAG pointed out as examples of how the big cargo players are exiting the main-deck freight business. So, belly cargo is the future, right? Not so fast! LastRead More
The big three Western European carriers – Lufthansa, Air France-KLM, and IAG – all reported dismal first-quarter cargo results. While there have been some internal issues for those carriers, most observers will be quick to assume that the real problem is an ongoing loss of market share to airlines basedRead More
Moscow-based AirBridgeCargo, the scheduled-service subsidiary of Volga-Dnepr Group, reported 2014 cargo volume up 17.6% over 2013 to 401,000 tonnes. While volume growth in prior years was not as high as the 17.6% seen in 2014, AirBridge nonetheless has achieved compound annual volume growth of 11% over the past five yearsRead More