Emirates Skycargo Expands Cargo Fleet with $ 1 Billion Investment
Emirates SkyCargo will add two new production freighters and convert four passenger planes in response to growing freight demand.
The Dubai-based carrier has signed a purchase agreement with Boeing for two B777Fs that will join its fleet in 2022 and will also convert four of the airline’s Boeing 777-300ERs to freighters between 2023 and 2024.
The total investment in the six planes is around $ 1 billion, the airline said.
The two new devices will be delivered in April and June of next year.
For conversions, the airline has signed an agreement with Israel Aerospace Industries (IAI) to switch four Boeing 777-300ERs to an all-cargo configuration.
The deal also includes an option for further Boeing 777-300ER conversions at a later stage.
The conversion program will begin in early 2023 and is expected to end in 2024, with each aircraft taking up to around five months.
The converted freighters will provide up to 10 additional pallet locations over the production Boeing 777F freighter, which will allow the transport of lower density cargo, including e-commerce products, Emirates SkyCargo said.
“They will increase the main deck cargo capacity that Emirates SkyCargo can deploy on its global routes, with particular emphasis on trade routes where volumetric cargo loads tend to be high,” the airline explained.
“The payload capacities of the converted aircraft are very close to those of production Boeing 777-F freighters and the twin-engine aircraft will be more efficient per tonne of cargo carried than standard industry freighters.
Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Group, said: “The past two years have highlighted the importance of supply chain connectivity and the availability of air cargo capacity. for communities and global economies.
“Emirates plays a key role in delivering critical goods to customers and consumers around the world through the capacity available on our widebody fleet, the reach of our global network and the state-of-the-art infrastructure of our dubai hu.
“Today, we are delighted to announce a $ 1 billion investment to further expand our freight capacity. This underscores our commitment to meeting the needs of our customers and reflects our confidence in our future growth and our status as one of the largest air cargo carriers in the world.
The carrier currently operates a fleet of 10 Boeing 777 freighters and 16 mini-freighters – B777s with seats removed.