Emirates SkyCargo contributed 13% of Emirate’s total transport revenue

Decreased freight yield per Freight Tonne Kilometre (FTKM) reflected the strong downward trend across the industry

Emirates SkyCargo contributed 13% of Emirate’s total transport revenue

Emirates SkyCargo continues to play an integral role in the company’s expanding operations, contributing 13% of the airline’s total transport revenue. In an airfreight market that remained challenging with fast-changing demand patterns, Emirates’ cargo division reported a revenue of AED 10.6 billion (US$ 2.9 billion), a decline of 5% over last year, while tonnage carried slightly increased by 3% to reach 2.6 million tonnes.

This year, freight yield per Freight Tonne Kilometre (FTKM) decreased by 8%, reflecting the strong downward trend across the industry, and the weakening of major currencies against the US dollar. In addition to belly-hold capacity to Emirates’ new passenger destinations, Emirates SkyCargo launched new freighter services to Phnom Penh (Cambodia), as well as new links between Dubai-Oslo and Delhi-Hong Kong.

Emirates SkyCargo has been at the forefront of the cargo industry operating a young and modern fleet of 259 aircraft including 15 dedicated freighters- 13 Boeing 777-Fs and two Boeing 747-400ERFs. The carrier also offers a number of specialised transportation solutions for customers across different business verticals such as pharmaceuticals and automobile.

www.skycargo.com

 

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