Emirates SkyCargo to double fleet in next decade

Tuesday, May 9, 2023

Showing its strong confidence in the global cargo market in a current environment of volatility, Emirates SkyCargo has added 2 Boeing 747 – 400Fs to its freighter fleet.

The world’s largest international airline, the cargo division of Emirates, is expecting 15 more freighters t join its fleet from announced orders and its freighter conversion program, plus a boost in belly 0 hold capacity from new passenger aircraft deliveries starting with Airbus A350s in late summer 2024, followed by 777 – Xs the year after.

Divisional Senior Vice–President, Emirates, SkyCargo, Nabil Sultan expressed that while the current market volatility may cause others to hesitate, Emirates SkyCargo is pushing full steam ahead with their plans.
He added that the medium to long-term projections for global air cargo shows an upward trajectory of between 3-5%.

Combine that with Dubai’s strategy to double its foreign trade where multi-modal logistics will play a big role, and the economic activity happening in markets around the Gulf, West Asia, and Africa, and the opportunity for Emirates SkyCargo is clear.

The two new 747 –Fs which they have leased will give them immediate capacity, while they wait for delivery of 5 new 777Fs in 2024 and 2025, and 10 777 – 300Ers to roll out of their conversion program over the next 5 years. They believe even these additional planes would not be sufficient.By then, they will have the MRO set-up to quickly and efficiently scale-up their freighter conversion program if they needed to.

He added that the new aircraft mean they can expand their freighter network and amplify the connectivity with the main Emirates network. It is their ambition to lead the market in delivering specialist solutions that are fast, flexible, and efficient.

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