Emirates
SkyCargo is considering the addition of three new destinations in India by
June, aiming to capitalize on the expanding trade opportunities in the country.
The Dubai-based airline currently operates 167 weekly passenger flights to nine
cities and eight freighter flights to three cities (Ahmedabad, Chennai, and
Mumbai) in India, providing a weekly capacity of 4,000 tonnes.
Nabil
Sultan, Emirates SkyCargo’s Divisional Senior Vice President, stated, “We are looking forward to operating
scheduled freighter flights to three additional cities in India. The plan is
under consideration. We are hoping to start the service by June.”
Sultan highlighted the strong growth in the
airline’s cargo business in India,
attributing it to substantial new investments in the manufacturing sector,
particularly in mobile phones, electronics, and consumer goods. Pharmaceuticals
are also a growth area, with the airline transporting large volumes from India
to Europe and the US. The Comprehensive Economic Partnership Agreement between
India and the UAE has further boosted business, emphasizing the incredible
closeness between the two regions.
India stands among the top five markets
for Emirates’ cargo business,
constituting approximately eight percent of its overall freight volume. The
airline recorded over 1.8 million tonnes of cargo flown between January and
December 2023, achieving over a 7 percent year-on-year growth. Sultan noted that freight loads on flights
from India typically range from 90-100 percent, while those to India range
between 50-60 percent due to trade imbalances, a trend observed in other
countries in East and Southeast Asia.
Geopolitical
tensions have also contributed to the growth in cargo volumes. Sultan
mentioned, “We launched a sea-air product two years ago. We are able to deliver
shipments in 12-14 days with cargoes being shipped to Dubai and then flown by
us to Europe or the US.”