Saudia Cargo revenue up 20% in 2012
By: Ruchi Schroff
Saudi Airlines Cargo posted total boarding figures of 471,000 tonnes for January to November 2012, a 19% increase over the same period last year.
"November was a record month in what has been an incredibly successful year to date,” said Fahad Hammad, CEO of Saudia Cargo. “In addition to achieving all-time highs in both October and November, 2012 will be an overall record year for Saudia Cargo with a total growth in revenue of 20%."
“The main contributors to our growth were exports from Europe, East Africa and the UAE as well as cargo from our network into Saudi Arabia and West Africa,” added Fahad Hammad. “We expect this growth to continue for the remainder of the year.”
The cargo airline, which is one of the largest freighter operators in the Middle East, recently increased its share in the Indian Sub-Continent, particularly Bangladesh.
Saudi Airlines Cargo operates scheduled freighter services with 13 freighters and sells the belly-capacity on 145 passenger aircraft for Saudia spanning 225 destinations.