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Emirates’ Nadeem Sultan on cargo growth

Emirates’ Nadeem Sultan on cargo growth

FromCargo Facts Connect


Emirates’ Nadeem Sultan on cargo growth

FromCargo Facts Connect

ratings:
Length:
17 minutes
Released:
Mar 22, 2024
Format:
Podcast episode

Description

Dubai-based Emirates is due to start taking delivery of some of its five new 777Fs this year as part of a 2022 order with Boeing.The carrier has returned four 777Fs to lessor DAE Capital over the past five years but also added two new units in May and June 2023, bringing its fleet back to eleven 777Fs.Further growth is on the way, with Emirates planning to convert ten 777-300ERs with IAI.Though 2023 may have been a lackluster year for freighter operators, Emirates is more optimistic about 2024.“The year has started up very strongly; we’re seeing exceptionally high tonnages for this time of the year for traditional, past years, I would say,” Nadeem Sultan, senior vice president of freighters and cargo planning at Emirates, tells Cargo Facts in this week’s episode of the “Cargo Facts Connect” podcast, recorded at the IATA World Cargo Symposium 2024 in Hong Kong this month. “So, from that perspective, it looks like a promising year for airfreight overall. We think we probably should expect a growth from 1 to 2% overall in the airfreight market this year.”Emirates’ expansion and development are twofold, involving more than the fleet.“There’s a lot of aircraft capacity coming in — both passenger as well as freighter — over the coming couple of years,” Sultan said. “But equally, we’re looking at really investing into the future for our air cargo infrastructure in Dubai, in terms of a new air cargo terminal and expanding our current capabilities. And that’s something that’s going to be a key component as well of Emirates SkyCargo’s future growth strategy.”Tune in to this week’s podcast to hear more on Emirates as Sultan speaks with Cargo Facts Editor Jeff Lee in Hong Kong.
Released:
Mar 22, 2024
Format:
Podcast episode

Titles in the series (100)

Cargo Facts Connect addresses all things freighters and aircraft. Connect delves into what's new in freighter transactions, belly capacity trends, conversion activity and aircraft finance. Brought to you by Cargo Facts, long the industry's leading information resource on freighter aircraft, Cargo Facts Connect gets you inside the freighter business. Cargo Facts has been the newsletter of record of the air cargo and freighter aircraft industries for over 40 years. Cargo Facts, published by Royal Media, provides its readers with timely, actionable news and industry intelligence. The deep value in Cargo Facts centers on its detailed coverage of the market and exploration of every nuance of air cargo and freighter aircraft. Cargo Facts offers a Premium subscription service, which includes a digital monthly newsletter, a weekly email Update, exclusive event discounts, and more. The Cargo Facts Premium subscription provides its subscribers with unparalleled coverage of the market. Subscribe now at https://cargofacts.com/subscribe/. Cargo Facts produces the following leading industry events: Cargo Facts EMEA, Cargo Facts Asia and the Cargo Facts Symposium.