Latest news from Heavy Lift & Project Forwarding International Magazine

Extra capacity drives Saudi growth

July 25 - Saudi Airlines Cargo has issued its performance figures for the first six months of 2013 revealing that it handled 270,000 tonnes of cargo, up 4 percent year-on-year over the equivalent period of 2012. Revenues were up by six percent year-on-yea

Saudi Airlines Cargo attributes the positive growth during the first half of the year to increased freighter capacity from Dhaka, Bangladesh and the commencement of B747 freighter services to Mumbai in India and Kano, Nigeria. The carrier also started operating its first B747-8 freighter in June 2013, which is currently scheduled on a Riyadh-Hong Kong-Riyadh-Frankfurt-Saudi Arabia rotation.
Revenues from charter activity was lower than anticipated in the trading period due to a shortage of aircraft availability, says Saudi Airlines Cargo. Effective July 2013, however, the carrier increased its fleet to 15 aircraft, three of which will be dedicated to offering ad hoc charter capacity.
"Although the current market is a bit soft, we still expect to achieve a 10 percent growth during the second half of the year," commented Nabil Khojah, ceo of Saudia Cargo. "This is principally due to the boost in our charter activity, optimisation of our freighter network, adjustments to freighter schedules and increases in the number of freighters to some of our key destinations," he added.

Heavy Lift | News

Cargolux calls at Incheon thumbnail image

Cargolux calls at Incheon

July 17 - Cargolux Italia has launched a Boeing 747 service between Milan Malpensa Airport, Italy and Incheon, South Korea.
Views: 113
Express discharge at the port of Tyne thumbnail image

Express discharge at the port of Tyne

July 17 - Höegh Autoliners has transported five Hitachi TransPennine Express train carriages from Kobe, Japan to the port of Tyne in the UK. 
Views: 131

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.