Emirates SkyCargo

Emirates SkyCargo
IATA
EK		ICAO
UAE		Callsign
EMIRATES
Founded1985
Commenced operations25 October 1985
HubsDubai International Airport [A]
Fleet size8 (+15 orders)
Destinations21[1] [B]
Company slogan"Delivering the highest standards of product quality"
Parent companyThe Emirates Group
HeadquartersDubai, United Arab Emirates
Key peopleSheikh Ahmed bin Saeed Al Maktoum (Chairman/CEO),

Maurice Flanagan (Executive Vice-Chairman Emirates and The Emirates Group)

Websitehttp://www.skycargo.com/

Emirates SkyCargo is a cargo airline based in Dubai, United Arab Emirates[2] and operates from its hub at Dubai International Airport. It is the air freight division of Emirates which started operations in October 1985, the same year Emirates was formed.[3] Since then it has been the main cargo division of Emirates, and the anchor cargo airline at Dubai International Airport. It operates dedicated cargo flights to 20 destinations in 14 countries from its hub at Dubai International Airport, and through the Emirates network has access to additional 79 destinations[1]. Whilst using bellyhold capacity in the Emirates Fleet, they also operate freighter aircraft to various destinations. Emirates SkyCargo is a subsidiary of The Emirates Group, which has over 40,000 employees, and is wholly-owned by the Government of Dubai directly under the Investment Corporation of Dubai.[4]

In 2008 Emirates SkyCargo moved its operations into a 43,600 square metre Cargo Mega Terminal, which has the capacity to process 1.2 million tonnes of cargo a annually.[5]

In the financial year 2008-09, EmiratesSkyCargo carried in 1,408,300 tonnes of cargo, an improvement of 9.8% compared to the previous year. Emirates SkyCargo, accounts for 20% of Emirates’ transport revenue. As of 2009, Emirates SkyCargo is the seventh largest cargo airline in terms of the total freight tonne-kilometres flown and sixth largest in terms of international freight tonne-kilometres flown.[6][7]

Contents

History

Emirates SkyCargo was established in October 1985, at the same time as Emirates was launched.[8] Emirates SkyCargo however operated as a separate entity.[9] In its first year, SkyCargo handled over 10,000 tonnes of freight. SkyCargo leased the entire freighter fleet from Emirates, as well as taking over management of the cargo holds in all of Emirates' passenger aircraft.

The airline received its first award in 1989, since then, Emirates SkyCargo has received more than 100 international awards - including Best Cargo Airline to the Middle East for 20 years in a row.[10]

Modern history

Emirates SkyCargo retired all their Airbus A310s in 2009

On October 3 1993, Emirates Sky Cargo, signed an agreement with EC International to handle all cargo shipments from the United States to 24 countries serviced by Emirates in the Middle East, Indian sub-continent, Europe and the Far East.[11] New routes were launched when both Emirates began growing. Amsterdam was launched in 1997, the same year EmiratesSkyCargo was experiencing growth, and accounting for 16% of The Emirates Groups revenue.

In May 2003, the airline took delivery of a Boeing 747-400 freighter providing taking the freighter fleet of three Boeing 747s. Emirates SkyCargo was operating two Boeing 747-400s with capacity for 120 tonnes and a Boeing 747-200 with capacity for 110 tonnes.[12] In September 2004, the airline launched freighter services to Johannesburg and Lahore. On 20 November 2005, Emirates announced firm orders for eight Boeing 777 Freighters, with the first aircraft scheduled for delivery in 2007, at the Dubai Airshow. During the Farnborough Air Show in July 2006, Emirates signed a Heads of Agreement for 10 of Boeing 747-8F aircraft, to be powered by General Electric's GEnx jet engines, in a deal worth US$ 3.3 billion.[13]

In 2005, Emirates SkyCargo and Korean Air Cargo signed an agreement to codeshare cargo capacity on two routes from India – Delhi and Mumbai.[14]

In the financial year ending March 2006, SkyCargo announced revenues of over over $1 billion and carried over 1 million tonnes of cargo. The freighter fleet included four freighters: one Boeing 747-400F and three A310-300Fs. In the same year, the airline also launched a freighter service to Barcelona using the Airbus 310 Freighter.

Recent developments

In 2008, Emirates SkyCargo moved its operations into its new Cargo Mega Terminal, built on a 43,600 square metre site, has increased the ground-handling capacity by 1.2 million tonnes per year. The new addition increases DXB's throughput capacity to 1.6 million tons a year.[15]

In March 2009, the SkyCargo took delivery of a new Boeing 777 long-range freighter, bringing its total fleet to eight aircraft. In the financial year 2008-09, Emirates SkyCargo 1.4 million tonnes of freight, up 9.8 per cent over the previous year. The division produced revenues of AED6.7bn in 2007-8. Emirates SkyCargo generated 19 per cent of the Emirates Group's total revenues, which increased 9.9 per cent to AED44.2bn despite a sharp 82 per cent fall in the its net profits, to AED982m.[16] The SkyCargo service alone employed over 1,000 people as of 2009.[17]

Financial and Operational Performance

Emirates and SkyCargo Financial and Operational Performance[C] [18]
Year EndedCargo carried (thousand)Turnover (AEDm)Expenditure (AEDm)Net Profit/Loss (AEDm)
31 March 1997159.41,198.71,097.1▲101.623
31 March 1998200.14,089.13,826.7▲262.413
31 March 1999214.24,442.94,130.2▲312.959
31 March 2000269.95,113.84,812.9▼300.900
31 March 2001335.26,417.35,970.7▲421.825
31 March 2002400.67,274.66,783.7▲468.231
31 March 2003525.29,709.78,749.6▲906.747
31 March 2004659.813,286.311,602.1▲1,573.511
31 March 2005838.418,130.915,628.3▲ 2,407.385
31 March 20061 ,018.523,050.920,489.6▲ 2,474.97
31 March 20071,155.929,839.626,675.9▲ 3,096.4
31 March 20081,282.140,196.635,121.7▲ 5,020.4
31 March 20091,408.344,188.943,143.4▼ 981.7

Destinations

Main article: Emirates SkyCargo destinations
Emirates SkyCargo Airbus A310-300F

Emirates SkyCargo operates dedicated cargo flights to 22 destinations, of which 13 are served by both Emirates passenger aircraft and Emirates SkyCargo aircraft.

Fleet

See also: Emirates Fleet
Emirates SkyCargo Fleet[19]
AircraftTotalOrders
Boeing 747-400F40
Boeing 747-400ERF30
Boeing 747-8F010
Boeing 777F35

Fleet developments

  • During the Farnborough Air Show in July 2006, Emirates signed a Heads of Agreement for 10 of Boeing 747-8F aircraft, to be powered by General Electric's GEnx jet engines, in a deal worth US$ 3.3 billion.[13]
  • On 20 November 2005, Emirates announced firm orders for eight Boeing 777 Freighters, with the first aircraft scheduled for delivery in 2007, at the Dubai Airshow.

Notes

  • A Emirates SkyCargo made a move of all its operations to its dedicated Cargo Mega Terminal at Dubai International Airport on 14 October 2008.
  • B The airline operates dedicated cargo flights to 34 destinations in 22 countries, and through Emirates has access to over 100 destinations in the Emirates network.
  • C The Emirates Group does not publish figures separately for Emirates SkyCargo or Emirates, instead both of the companies financial results are totaled together.

References

  1. ^ a b "SkyCargo Route Map". Emirates SkyCargo. http://www.skycargo.com/ournetwork/routemap/routemap.asp. Retrieved 2008-02-24. 
  2. ^ "Directory: World Airlines". Flight International: p. 77. 2007-04-03. 
  3. ^ "Emirates SkyCargo - About Us - Company Overview". Emirates SkyCargo. http://www.skycargo.com/aboutus/companyoverview/companyoverview.asp?lnid=13110. Retrieved 2008-04-07. 
  4. ^ GulfNews.com - Emirates and Dnata now under ICD
  5. ^ "Emirates SkyCargo". The Emirates Group. http://www.theemiratesgroup.com/english/our-brands/air-transportation/emirates-skycargo.aspx. Retrieved 2009-09-03. 
  6. ^ "World's largest airlines - Wikipedia, the free encyclopedia". En.wikipedia.org. 2008-09-13. http://en.wikipedia.org/wiki/World%27s_largest_airlines#Scheduled_freight_tonne-kilometres_flown. Retrieved 2009-09-03. 
  7. ^ 1,408,300 tonnes of cargo
  8. ^ "Emirates Sky Cargo | Agriculture and Industry Survey". Agricultureinformation.com. 2005-07-01. http://www.agricultureinformation.com/mag/?p=3822. Retrieved 2009-09-03. 
  9. ^ "news - Jet Aviation adds Emirates SkyCargo as new cargo client in Zurich". Noticias.info. http://www.noticias.info/Archivo/2006/200603/20060324/20060324_158692.shtm. Retrieved 2009-09-03. 
  10. ^ "SkyCargo Awards - Air Cargo - Emirates SkyCargo". Skycargo.com. 2009-08-20. http://www.skycargo.com/aboutus/awards/awards.asp. Retrieved 2009-09-03. 
  11. ^ "Article: Emirates and EC service agreement. Emirates Sky Cargo contract with EC... | AccessMyLibrary - Promoting library advocacy". AccessMyLibrary. 1993-10-01. http://www.accessmylibrary.com/coms2/summary_0286-5498824_ITM. Retrieved 2009-09-03. 
  12. ^ "Article: Emirates SkyCargo launches four freighter routes, THE INDEPENDENT. | AccessMyLibrary - Promoting library advocacy". AccessMyLibrary. 2003-07-02. http://www.accessmylibrary.com/coms2/summary_0286-24365028_ITM. Retrieved 2009-09-03. 
  13. ^ a b "Emirates places largest-ever order of Boeing 777s | Emirates". Ameinfo.com. 2007-02-26. http://www.ameinfo.com/72189.html. Retrieved 2009-09-03. 
  14. ^ "middle east news information::EMIRATES SKYCARGO CRAFTS COOL DOLLIES FOR HOT RUNWAYS". Albawaba.com. http://www.albawaba.com/en/countries/UAE/190981. Retrieved 2009-09-03. 
  15. ^ "Cargo Mega Terminal - Air Cargo - Emirates Sky Cargo". Skycargo.com. 2009-08-20. http://www.skycargo.com/aboutus/CargoMegaTerminal/index.asp. Retrieved 2009-09-03. 
  16. ^ "Emirates SkyCargo boosts annual revenues to $2bn". 209.85.229.132. 2009-07-22. http://209.85.229.132/search?q=cache:XNNX6zK7vsQJ:www.meed.com/news/2009/05/emirates_skycargo_boosts_annual_revenues_to_2bn.html+Emirates+SkyCargo+revenues+%242bn&cd=1&hl=en&ct=clnk&gl=ae. Retrieved 2009-09-03. 
  17. ^ http://www.theemiratesgroup.com/english/our-brands/air-transportation/emirates-skycargo.aspx
  18. ^ "Annual Reports | The Emirates Group". Ekgroup.com. 2009-07-09. http://www.ekgroup.com/AnnualReports/Index.asp. Retrieved 2009-07-15. 
  19. ^ http://www.planespotters.net/Airline/Emirates?show=all Fleet

External links

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