Emirates SkyCargo has added two Boeing 747-400Fs to its freighter fleet, demonstrating its strong confidence in the global cargo market in the current environment of volatility.
The cargo arm of Emirates, the world’s largest international airline, expects 15 more cargo aircraft from announced orders and its freighter conversion program, as well as an increase in cargo capacity through the delivery of new passenger aircraft, starting with Airbus A350s in late summer 2024, followed by 777-Xs the year after .
Over the next decade Emirates SkyCargo aims to double its existing capacity, add over 20 new destinations to its freighter network and offer even more flexibility and service to its customers with a fleet mix of over 300 widebody aircraft consisting of: 777, 777 -Fs, 747- Fs, A350 and A380.
Nabil Sultan, Divisional Senior Vice President, Emirates SkyCargo said: “While the current market volatility is making others hesitant, Emirates SkyCargo is pushing ahead with our plans at full speed.
“The medium to long-term forecasts for global air freight show an upward trend of between 3 and 5%. Combine Dubai’s strategy to double its foreign trade, where multimodal logistics will play a major role, and economic activity in markets around the Gulf, West Asia and Africa, and the opportunity for Emirates SkyCargo is clear.
“The 2 new 747-Fs that we have leased will give us immediate capacity while we await delivery of 5 new 777Fs in 2024 and 2025 and 10 777-300ERs coming out of our conversion program over the next 5 years be introduced.
“We believe that even these additional planes will not be enough. By then we will have the MRO facilities to quickly and efficiently expand our freighter conversion program when needed.”
Secured on a long-term wet lease basis, the 2 Boeing 747-Fs join Emirates SkyCargo’s existing fleet of 11 Boeing 777 Freighters and are currently deployed three times a week to Chicago and nine times a week to Hong Kong.
He added: “The new aircraft will allow us to expand our freighter network and increase connectivity with Emirates’ main network. The new fleet mix also gives us more flexibility to serve our different customers even better.
“Emirates SkyCargo is also investing in new product development and in accelerating digitization and technological innovation. Our goal is to lead the market when it comes to fast, reliable, flexible and efficient special solutions. More exciting developments will follow. Stay tuned.”
Last week, Emirates SkyCargo launched a brand new creative advertising campaign showing how “the world works better with Emirates SkyCargo”.
Using everyday scenarios, the ad shows how important the logistics business is in connecting people and products around the world, be it through life-saving healthcare, fresh fruit, flowers, pets or valuables.