Emirates SkyCargo adds two B747-400Fs, plans to double capacity

Emirates SkyCargo has added two Boeing 747-400Fs to its freighter fleet and expects to double its existing capacity over the next decade. The cargo division of Emirates is expecting 15 more freighters to join its fleet from announced orders and its freighter conversion programme, plus a boost in bellyhold capacity from new passenger aircraft deliveries starting with Airbus A350s in late summer 2024, followed by 777-Xs the year after, says release. Over the next decade, Emirates SkyCargo expects to double its existing capacity, add over 20 new destinations to its freighter network, and offer more flexibility and services to its customers with a fleet mix of over 300 widebody aircraft comprising: 777s, 777-Fs, 747-Fs, A350s, and A380s.

Nabil Sultan, divisional senior vice president, Emirates SkyCargo, said, “While the current market volatility may cause others to hesitate, Emirates SkyCargo is pushing full steam ahead with our plans. The medium to long term projections for global air cargo show an upward trajectory of between 3-5%. Combine that Dubai’s strategy to double its foreign trade where multi-modal logistics will play a big role, and the economic activity happening in markets around the Gulf, West Asia, and Africa, and the opportunity for Emirates SkyCargo is clear. The 2 new 747-Fs which we have leased will give us immediate capacity, while we wait for delivery of 5 new 777Fs in 2024 and 2025, and 10 777-300ERs to roll out of our conversion program over the next 5 years.
We believe even these additional planes will not be sufficient. By then, we’ll have the MRO set-up to quickly and efficiently scale-up our freighter conversion program if we needed to.”