Middle East – Page 27
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Aramex 2015 revenues up but net profits dip due to staff incentive scheme
Dubai-based logistics operator Aramex saw its 2015 full Year revenues increase by 5% to AED3.8bn, while annual net profits fell by 2% to AED311m, due partly to a company incentive scheme to retain talented staff.Exposure to major currency fluctuations, primarily the Euro, South African Rand and Australian Dollar, had a ...
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Dubai International sees 3.4% rise in 2015 cargo volumes
Dubai International Airport (DXB) handled 2,506,092 tonnes of airfreight in 2015, a 3.4% increase on the previous year despite the transfer of all pure cargo operators to Dubai World Central.Monthly freight volumes in December totalled 218,408, up 5% compared to 207,618 recorded during the same month in 2014.The UAE airport ...
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Aircraft orders monthly: Iran Air and Gulf Air with busy start to the year
Agreements for 118 new aircraft for Iran AirIran Air has signed an agreement with Airbus for the acquisition of the full range of new Airbus airliners (73 widebodies and 45 single aisle).This includes pilot and maintenance training and support services to help the entry into service and efficient operations of ...
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Iran Air steps up to the world stage with order for 118 aircraft
Iran Air confirmed an agreement with Airbus for the acquisition of 118 new airliners (73 widebodies and 45 single aisle).The agreement for 118 new aircraft, signed by Farhad Parvaresh, Iran Air chairman and chief executive, includes 21 A320ceo family, 24 A320neo family, 27 A330ceo family, 18 A330neo (-900), 16 A350-1000 ...
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Qatar Marches on with freighter routes to Budapest, Prague and Ho Chi Minh
Qatar Airways Cargo will launch A330F freighter routes to Budapest, Prague and Ho Chi Minh in March, filling a “definite gap in the market” and increasing the Middle East airline’s freighter destinations in Europe to 14 and in Asia/Pacific to six.An Airbus freighter will fly twice a week from Qatar ...
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Air cargo industry set to benefit from easing of Iranian sanctions
The logistics industry stands to benefit from the removal of Iranian sanctions but uncertainties remain “substantial”, according to one logistics consultant.In a research note, Transport Intelligence practice leader Thomas Cullen said that the removal of certain aspects of the Iranian sanction regime had “triggered a flood of business, much of ...
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Iran poised to buy planes again
Iran is poised to begin the long process of rebuilding its civil aviation fleet, following the ending of UN sanctions this month.The country’s government is expected to sign a deal for about 114 Airbus aircraft in Paris this week, which would allow state carrier Iran Air and other operators to ...
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Etihad launches new green temperature controlled dolly system
Etihad Cargo has teamed up with the Masdar Institute of Science and Technology to launch a new design of temperature-controlled and energy-efficient air cargo container cool dolly system.The carrier says that the diesel-powered cooling systems on dollies used at many airports and ground-handling operations use too much energy, are expensive ...
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Aramex buys Fastway Couriers in New Zealand
Dubai-based logistics operator Aramex has expanded its footprint in the Asia-Pacific region with the 100% acquisition of Fastway Couriers in New Zealand for NZ$125m.Established in 1983, Fastway Couriers' global network includes 63 regional depots and 1,500 courier franchisees across Australia, New Zealand, Ireland, Northern Ireland and South Africa. With more ...
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Weak November for cargo at Asian and Middle Eastern hubs
Airfreight volumes remained weak in November in the Middle East and Asia, reflecting the “slowdown of the Chinese economy and uncertainty in the commodity exporting countries”, according to latest data from the Asia-Pacific arm of Airports Council International (ACI).Freight volumes in the Asia-Pacific region declined by 1.5% and the Middle ...
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Hollywood bowled over by Qatar's extra LA freighter
Qatar Airways will serve Los Angeles with a fourth weekly Boeing 777 freighter service from January 19, after launching the US west coast maindeck route with a twice weekly frequency to its Doha hub in April 2015.Group chief executive Akbar Al Baker announced the Middle East carrier's additional freighter frequency ...
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Etihad cargo volumes up by 4% in 2015
Etihad Airways reported strong cargo volumes for 2015, with 592,090 tonnes of freight and mail flown in total, a four percent increase year-on-year.The national airline of the United Arab Emirates accounted for 88% of cargo imports, exports and transfers at Abu Dhabi International Airport last year.The airline's Etihad Cargo division ...
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Saudi Arabia-Iran flights suspended as tensions rise
Saudi Arabia and Bahrain have halted all flights to and from Iran amid rising tension in the region following the Saudis’ execution on January 2 of Sheikh Nimr al-Nimr and other prominent Shi'ite clerics and consequent severing of diplomatic relations.Saudia and Gulf Air have halted all flights, as has Iran ...
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Emirates' new LA flight takes aim at fruit and vegetable exports
Emirates hopes an increase in frequencies between Los Angeles and Dubai will cater for fruit and vegetable exports from the US city.The extra flight, which will be operated by an Airbus 380-800ULR, increases the airline’s daily frequencies between the airports to two per day.Emirates said it hoped the flight's cargo ...
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Qatar Airways takes delivery of two new freighters
Qatar Airways Cargo has taken delivery of two new freighter aircraft as it continues to expand its all-cargo fleet.The Doha-based airline has taken delivery of its seventh Airbus 330-200F and its first nose loading Boeing 747-8F.The aircraft will be used to increase frequencies to Bahrain, Brussels, Chennai, Hyderabad, London Stansted ...
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Emirates bridges the gap for Uganda
Emirates SkyCargo has flown an 84 tonnes load of heavy machinery and steel parts for a new bridge being built across the Nile River in Uganda.The UAE-based passenger and freighter aircraft operator was awarded the charter by a Japanese construction company to carry the load from Tokyo’s Narita Airport to ...
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Future pharma boost for Tel Aviv-London
IAG Cargo pharma traffic between the UK and Israel will benefit from an aircraft upgrade on the carrier’s London Heathrow-Tel Aviv route from March 2016.The carrier is replacing its remaining Airbus A321 with wide-body Boeing 777-200s, which will operate twice daily.The cargo arm of British Airways and Iberia of Spain ...
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Emirates to increase passenger cargo capacity in 2016
Emirates' passenger fleet retirement plan and delivery schedule for 2016 will result in an increase in its potential cargo carrying capacity.The Dubai-headquartered carrier will retire 26 aircraft next year; 12 A330-300s, four A340-300s, one A340-500, six Boeing 777-200ERs, two Boeing 777-300s and one Boeing 777-300ER.In addition, 13 more aircraft will ...
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Dubai's DWC beats Q3 cargo dip to register 15.9% nine-month surge
Airfreight traffic at Dubai World Central (DWC) rose 15.9% to 662,143 tonnes during first nine months of the year.Hub operator Dubai Airports said: “Year on year cargo volumes increased despite a dip in volumes during the third quarter when DWC handled 219,131 tonnes of freight, down 15.6% from 259,636 tonnes ...
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Official opening for Emirates SkyCentral in Dubai
Dubai’s Emirates SkyCargo has officially opened its new airfreight terminal at Al Maktoum International Airport (DWC).Emirates SkyCentral, a first phase 800,000 tonne capacity cargo terminal that can handle 12 freighters, is located within the Dubai South complex, 77 km from the airline’s passenger aircraft hub at Dubai International Airport (DXB).A ...