Despite smaller freighter fleet, Emirates SkyCargo grew in FY19

Even as Dubai-based Emirates SkyCargo moved to reduce ACMI-leased 747-400F capacity last year, the carrier’s cargo unit reported growth for its 2018-2019 financial year, which ended 31 March. Cargo revenues rose 5.0% year-over-year, accounting for about 14% of the airline’s total transport revenue. Volumes increased 1.4% to 2.66 million tonnes while cargo yields, meanwhile, were up 2.7%, according to financial results released by the Emirates Group.  After a two-year period of fleet stability that […]

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