Emirates SkyCargo has signed a Memorandum of Understanding with Mohammed Bin Rashid Space Centre (MBRSC) to become the preferred logistics partner and provide air transport services for satellites and related equipment for the Dubai based space science and advanced technology research and development centre. The MoU was signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of Emirates Airline and Group, by Nabil Sultan, Emirates … [Read more...] about SkyCargo becomes MBRSC’s preferred logistics partner
Sheikh Ahmed Bin Saeed Al Maktoum
Emirates Group sees profits slide 64%
The Emirates Group has reported a 64 percent year-on-year drop in net profit to US$364 million for the first half of its financial year ending 30 September 2016. Group revenue rose one per cent in the period to US$12.7 billion with Emirates Airline contributing US$11.4 billion, down one per cent. Chairman Sheikh Ahmed bin Saeed Al Maktoum said the result reflected increased competition, a strong US dollar against other currencies, and sustained economic and political uncertainty in many parts … [Read more...] about Emirates Group sees profits slide 64%
Emirates launches Yinchuan, Zhengzhou as part of China expansion
Emirates' Chinese expansion strategy took a significant step forward on Tuesday with the launch of the airline’s first flights to two destinations: Yinchuan and Zhengzhou. Linking Dubai with Yinchuan, the capital of the predominantly Muslim region of Ningxia, and Zhengzhou, the capital of Henan province and one of central China's most populous cities. The B777-200LR used on the service offers 14 tonnes of cargo capacity in the bellyhold. Popular commodities expected to be transported on these … [Read more...] about Emirates launches Yinchuan, Zhengzhou as part of China expansion
SkyCargo inaugurates new terminal, targets 12M tonnes of cargo by 2050
Emirates SkyCargo officially opened the first phase of its state-of-the-art cargo terminal at Dubai’s new Al Maktoum International Airport (DWC) yesterday. Located in the Logistics District in Dubai South, the new terminal dubbed Emirates SkyCentral, is the home of SkyCargo’s fleet of 15 freighters and was necessitated by the shift of SkyCargo’s maindeck fleet out of increasingly congested Dubai International Airport (DXB) in May of last year to the new DWC airport. The new facility, … [Read more...] about SkyCargo inaugurates new terminal, targets 12M tonnes of cargo by 2050
Emirates reports double-digit revenue, profit growth in H1
The Emirates Group today announced its half-year results for 2015-16, showing continued business growth and a strong performance. Group revenue reached AED 46.1 billion (US$ 12.6 billion) for the first six months of its 2015-16 financial year, down 2.3 per cent from AED 47.2 billion (US$ 12.9 billion) during the same period last year, reflecting the impact of the strong US dollar against major currencies. The double-digit revenue and profit growth were driven by first time consolidation of major … [Read more...] about Emirates reports double-digit revenue, profit growth in H1
Emirates announces new service to Panama City
Emirates has announced plans to launch services to Panama City (Tocumen International Airport (PTY)), beginning 1 February 2016. The new service will be the longest non-stop flight in the world (17 hours 35 minutes in the Westbound direction) and will be Emirates’ first gateway destination in Central America. Service to Panama City, Panama’s capital and largest city by population, will commence with a daily flight operated by a B777-200LR aircraft with up to 15 tonnes of cargo. Key imports to … [Read more...] about Emirates announces new service to Panama City
