Jeddah, 2nd February 2014
Results published by Saudi Airlines Cargo reveal that the company has continued to perform well, despite the difficult economic climate. Total boarding figures for 2013 (year to date) climbed to 557,800 tons, an increase of 8% compared with 2012, while scheduled revenue for the same period rose up 6% on the previous year.
In what was undoubtedly a strong finish to 2013, the cargo carrier achieved record results for both scheduled revenue and charters, with increases of 12% and 141% respectively in December.
“2013 has been another productive year for us,” commented Nabil Khojah, CEO of Saudia Cargo. “This is largely due to internal measures to further boost the performance in KSA and a very strong Q4, which has resulted in a total annual growth in scheduled revenue of 6% versus 2012,” he added.
Growth was also recorded in the area of ground handling, where the main KSA stations (Jeddah, Riyadh, Dammam and Medina) grew by 3.6% in 2013 compared with 2012 following recent upgrades to the facilities.
Key to the airline’s success has no doubt been its expanding freighter network. Through the introduction of new routes and increased capacity on selected destinations across the globe, Saudia Cargo has been able to grow its share in a number of markets, recording significant growth in revenue in the Indian Sub-Continent (+32%), UAE (+11%), Belgium (+83%), Germany (+23%), UK (+10%) and Hong Kong (+18%).
Saudi Airlines Cargo operates a fleet of 15 freighters and sells the belly-capacity on 145 passenger aircraft for Saudi Arabia’s flag carrier Saudia, spanning a rapidly expanding global network of 225 destinations. In addition to its scheduled freighter services, the cargo airline also provides cost-effective and practical worldwide charter flight solutions from a growing fleet of dedicated charter aircraft.