Emirates SkyCargo Increases Australian Exposure
BMI notes that Middle Eastern air carriers are becoming increasingly interested in the opportunities presented by the Australian air freight sector, and are increasing their exposure to this market. Emirates SkyCargo, the air freight wing of Dubai flag carrier Emirates, has announced plans to launch four weekly flights to the southern city of Adelaide from November 1, building on its existing Australia-Dubai connections.
According to a statement from SkyCargo, the new service will carry up to 14 tonnes of cargo on each flight in the bellyhold of passenger flights serviced by a B777-300ER. This will take the weekly freight capacity between Dubai and Australia to 1,500 tonnes each week, including three dedicated freighter services each week to Sydney. This is already scheduled to increase; from March 1 Emirates flights from Dubai to Australia will rise to 84 each week. The Adelaide service itself will rise to a daily service from February 1.
BMI notes that Adelaide is currently the fifth-largest Australian airport in terms of air freight handled each year. Although this is unlikely to change as a result of this new service from Emirates SkyCargo, it does present opportunities for the shipment of more niche cargos from the destination. On the Australia to Dubai leg, SkyCargo expects to transport a number of perishable goods such as cold meats and organic farm produce, demanded by the large ex-patriot community in the UAE, in addition to machine parts and other locally produced goods. From Dubai it is expected that electronic equipment from Asia will make up much of the cargo. The new connection will help boost Adelaide's economy through connecting local industries not only with the UAE, but, as the country is a major global freight transport hub, with the rest of the world.
|Growth Market For GCC Carriers|
|Australia Freight Carried By Top Five Airlines, 2010-2011 (market share %)|