Although
it has often found itself—alongside its Middle
East peers— caught up in rows with regulators
and competitors (mainly in Europe) about how it has
funded and managed its expansion, there is no doubt
that Etihad Airways is a major star in the world of
air freight even when markets are stubbornly slow.
In 2014 Etihad Cargo recorded
a 19.2 percent year-on-year surge in cargo revenue,
which totaled $1.11bn, aided by a 16.8 percent increase
in freight and mail volumes to 569,000 tons.
Its cargo division produced
a “standout performance,” said the Abu Dhabi-based
airline, while industry veteran James Hogan, the carrier’s
Australian president and chief executive, saluted Etihad
Cargo, adding that it “has consistently outperformed
the global market” and its “impressive 17
percent growth in freight ton kilometers in 2014 is
four times the industry average.” High praise,
indeed.
Growth was a bit slower in 2015,
but it has still been eye-catching given the disappointing
growth in world trade and the bearish nature of cargo
markets for much of the year.
David Kerr, VP of Etihad Cargo,
attributes the growth to the continued expansion of
the airline’s global passenger and cargo network,
and the addition of new passenger aircraft to the fleet,
which have provided extra bellyhold capacity.
“We have also rolled out
new cargo products designed to meet the specific needs
of customers, and the strong export and import demands
between financial centers and key emerging markets,”
he told FlyingTypers.
“During the first half
of the year the airline launched new passenger services
to Kolkata, Madrid, Entebbe, Edinburgh, and Hong Kong
to complement our existing global network, enabling
Etihad Cargo to extend its reach and offer bellyhold
capacity to new routes in India, Africa, Europe, and
Asia.
“Last year we also launched
Tempcheck, a new cargo solution created to ensure the
integrity of all temperature-sensitive pharmaceutical
and healthcare products as they are transported around
the world.
“As part of the Tempcheck
introduction, we upgraded our temperature controlled
storage facilities in Abu Dhabi and installed purpose-built
facilities to support the new venture. We are continuing
to providing a range of active solutions from all major
industry providers, including recognized providers such
as Envirotainer, C-Safe, and Va-Q-tec.”
Etihad currently operates a
fleet freighter aircraft to 38 destinations on its passenger
network, while its freighter-only routes serve key cities
around the world including Bogotá, Chittagong,
Dar es Salaam, Djibouti, Dubai World Central, Eldoret,
Guangzhou, Hanoi, Hong Kong, Houston, Kabul, Miami,
Sharjah, and Tbilisi.
“We’re witnessing
new trade patterns from emerging markets such as China,
Vietnam, Bangladesh, and India to Africa via our hub
in Abu Dhabi,” said Kerr. “We are perfectly
positioned to take advantage of those trends through
our strategic location and with new long range aircraft
being added to the fleet.”
An additional two B777Fs are
due to join the fleet this year, joining its current
freighter roster of three Boeing 777Fs, three Boeing
747Fs, and four Airbus A330Fs.
Cargo operations will also be
aided when Abu Dhabi airport is upgraded. “The
Midfield Terminal project is due to complete in 2017,”
said Kerr. “We are building for the future here
and that is why we are currently investing in a new
cargo terminal in Abu Dhabi to help create an even larger
global freight hub.”
Sky King
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