Latest news with #WorldCargoSymposium
Zawya
18-04-2025
- Business
- Zawya
Saudia Cargo and China Cargo Airlines forge strategic alliance to boost trade between Saudi Arabia and China
Amidst evolving global trade dynamics, Saudia Cargo and China Cargo Airlines signed a Memorandum of Understanding (MoU) at the World Cargo Symposium, forging a strategic alliance to enhance trade between Saudi Arabia and China. The partnership aims to optimize export operations, provide advanced logistics services, and capitalize on growing global market demands, aligning with Saudi Vision 2030 and China's Belt and Road Initiative, ensuring resilient supply chains in today's interconnected world. The MoU establishes a framework for enhanced collaboration, with both parties committed to strengthening interline cooperation, building upon existing and future SPA agreements. This includes joint marketing and promotional activities, the execution of joint marketing strategies, and a focus on harmonizing cargo service operations, pricing, and the provision of specialized cargo handling for sensitive goods. Loay Mashabi, CEO and Managing Director of Saudia Cargo, said': "This MoU with China Cargo Airlines represents a significant milestone for Saudia Cargo. We are setting our sights on elevating shipping capabilities and broaden our export footprint in the Chinese markets. By optimizing export operations and delivery advanced logistic services that cater to evolving global market demands, we are confident that this partnership will not only strengthen our position as a leading global cargo carrier but also contribute significantly to the realization of Vision 2030." Wang Jianmin, President of China Cargo Airlines, added: "We are delighted to embark on this strategic journey with Saudia Cargo. We firmly believe that by uniting our strengths and resources, we can generate substantial value for our customers, enhance trade connectivity between Asia and the Middle East, and play a key role in the success of both Saudi Vision 2030 and the Belt and Road Initiative. To ensure the effective execution of this MoU, we will establish an executive team comprised of representatives from both organizations, fostering seamless collaboration and driving impactful results." The agreement builds on the success of Saudia Cargo's "Landing in China in 24" campaign, launched last year, which generated significant engagement from key partners and underscored the growing demand for efficient logistics solutions connecting the Kingdom with key Chinese markets. China stands as Saudi Arabia's primary merchandise trading partner, with exports reaching 16.1 billion SAR in 2023, representing 17% of the Kingdom's total exports. This underscores the increasing importance of this trade corridor and the potential for further growth. About Saudia Cargo: Saudia Cargo stands as a leading national cargo carrier, headquartered in the Kingdom of Saudi Arabia. Leveraging the strategic advantage of the country's location, it serves as a highly efficient aerial bridge connecting the East and the West, seamlessly bridging continents. Our extensive reach encompasses approximately 100 airport destinations and 250 customer destinations across four continents, establishing us as a pivotal player in the global air cargo industry. With a legacy spanning over seven decades and a commitment to a 'human-first' approach, Saudia Cargo has consistently upheld its esteemed reputation as one of the world's most dynamic cargo carriers. This reputation is underpinned by a rich history of innovation and resilience. Our robust alliance with SkyTeam Cargo, the world's largest consortium of air cargo carriers, connects us to an impressive network of 150 freighter destinations in addition to nearly 800 passenger destinations worldwide. Saudia Cargo's access to a modern fleet of Boeing freighter aircraft expedites the transportation of diverse cargo types, including e-commerce, pharmaceuticals, high-value shipments, hazardous materials, and perishables. The company's enduring dedication to humanity, reliability, and agility has been instrumental in driving its remarkable growth trajectory, which continues to expand significantly.
Zawya
16-04-2025
- Business
- Zawya
Emirates SkyCargo signs preferred partnership with Teleport
Emirates SkyCargo, the cargo arm of the world's largest international airline, has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia's exclusive cargo partner, to support the burgeoning trade between Southeast Asia and the wider world, via Dubai. The agreement was signed at IATA's World Cargo Symposium by Badr Abbas, Emirates SkyCargo's Divisional Senior Vice President, and Pete Chareonwongsak, CEO of Teleport. Under the terms of the MoU, Emirates SkyCargo and Teleport will work closely on a number of initiatives, which include expanding cargo interline options and block space agreements, to enhance connectivity and boost the reach of ASEAN businesses. Teleport exclusively consolidates the bellyhold capacity of all AirAsia airlines into a single and largest air logistics network in Southeast Asia, encompassing Malaysia-based AirAsia Berhad, AirAsia X Berhad, Indonesia AirAsia, Thai AirAsia, Thai AirAsia X and AirAsia Cambodia, together with a fleet of three dedicated freighter aircraft and over 40 other airlines. Combined, this expands Emirates SkyCargo's reach into over 100 destinations beyond primary, but also into both secondary and tertiary airports in the Southeast Asian region. Conversely, Teleport will benefit from Emirates' vast global network of over 145 destinations focusing on key destinations in Europe, Africa and the US. Commenting on the partnership, Abbas said, "This strategic partnership with Teleport and the AirAsia Group of airlines is an evolution of that commitment, enabling us to better serve our customers with increased capacity, more flexibility and access into new markets in Asia, combined with enhanced connectivity across our vast global network." Chareonwongsak stated, "Our partnership with Emirates, which is the first of its kind in Southeast Asia for them, is a source of great pride as we collaborate with a leading global partner. This will enable the expansion of both our respective air networks, supporting Southeast Asia's growing exports and facilitating the movement of e-commerce from China, through our connectivity beyond Southeast Asia, to the Middle East, Africa and Europe." He added that e-commerce is expected to double its share of Southeast Asia's air cargo volumes from 11 percent to 20 percent by 2029, driven by lightweight, high-frequency shipments replacing bulk freight and the rise in demand for express delivery. Southeast Asia and the wider Asian continent are the backbone of global manufacturing, particularly for electronics, smart gadgets, fashion and textiles, machines, automobiles and pharmaceuticals. The partnership is set to support the world's shifting supply chains as Southeast Asia continues building its manufacturing and logistics capabilities. Southeast Asia's outbound air cargo in 2024 amounted to 2.5 million tons, with greater flows expected to the Middle East and Europe, supported by manufacturing expansion, e-commerce, and improved infrastructure.
Emirates 24/7
16-04-2025
- Business
- Emirates 24/7
Emirates SkyCargo and Teleport, exclusive cargo partner of AirAsia, sign preferred partnership to combine global network and strengthen trade and e-commerce flows
Emirates SkyCargo, the cargo arm of the world's largest international airline, has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia's exclusive cargo partner. The partnership aims to better support the burgeoning trade between Southeast Asia and the wider world, via Dubai. The agreement was signed at IATA's World Cargo Symposium by Badr Abbas, Emirates SkyCargo's Divisional Senior Vice President and Pete Chareonwongsak, CEO of Teleport. Under the terms of the MoU, Emirates SkyCargo and Teleport will work closely on a number of initiatives, which include expanding cargo interline options and block space agreements, to enhance connectivity and boost the reach of ASEAN businesses. Teleport exclusively consolidates the bellyhold capacity of all AirAsia airlines into a single and largest air logistics network in Southeast Asia, encompassing Malaysia-based AirAsia Berhad, AirAsia X Berhad, Indonesia AirAsia, Thai AirAsia, Thai AirAsia X and AirAsia Cambodia, together with a fleet of three dedicated freighter aircraft and 40+ other airlines. Combined, this expands Emirates SkyCargo's reach into over 100 destinations beyond primary, but also into both secondary and tertiary airports in the Southeast Asian region. Conversely, Teleport will benefit from Emirates' vast global network of over 145 destinations with a particular focus on key destinations in Europe, Africa and the US. Commenting on the partnership, Badr Abbas said, 'For almost 35 years, we have proudly served Southeast Asia, keeping goods flowing quickly, reliably and efficiently. This strategic partnership with Teleport and the AirAsia Group of airlines is an evolution of that commitment, enabling us to better serve our customers with increased capacity, more flexibility and access into new markets in Asia, combined with enhanced connectivity across our vast global network.' Pete Chareonwongsak added, '2025 is a year of global scale for Teleport as we strengthen our Teleport Network reach and capacity to better meet the growing global demands of e-commerce. Our partnership with Emirates, which is the first of its kind in Southeast Asia for them, is a source of great pride as we collaborate with a leading global partner. This will enable the expansion of both our respective air networks, supporting Southeast Asia's growing exports and facilitating the movement of e-commerce from China, through our connectivity beyond Southeast Asia, to the Middle East, Africa and Europe. E-commerce is expected to double its share of Southeast Asia's air cargo volumes from 11% to 20% by 2029, driven by lightweight, high-frequency shipments replacing bulk freight and the rise in demand for express delivery. With a shared commitment to provide faster, more efficient, and reliable cross-border air cargo services, this partnership enhances our combined capabilities to capture global market opportunities.' Southeast Asia and the wider Asian continent are the backbone of global manufacturing, particularly for electronics, smart gadgets, fashion and textiles, machines, automobiles and pharmaceuticals. The partnership is set to support the world's shifting supply chains, as Southeast Asia continues building its manufacturing and logistics capabilities. Southeast Asia outbound air cargo in 2024 amounted to ~2.5 million tons with greater flows expected to the Middle East and Europe, supported by manufacturing expansion, e-commerce, and improved infrastructure. In recent years, the UAE and Southeast Asian countries have solidified their economic and bilateral relationship, with Comprehensive Economic Partnership Agreements (CEPA) signed between the UAE and Malaysia, Indonesia and Cambodia, with Vietnam and Thailand expected to follow. The agreement between Emirates SkyCargo and Teleport supports these prosperous relationships and lays a foundation for further growth, by improving trade flows and generating new opportunities that help strengthen global economies. Emirates SkyCargo first began operations to Southeast Asia with direct flights to Singapore, Bangkok and Manila in June 1990. Now, the airline operates 5 freighters and 176 passenger flights per week to 11 destinations across the region. Further expansion is on the horizon with the upcoming launch of passenger services to Siem Reap, Cambodia and Da Nang, Vietnam in June 2025, with both cities connecting via Bangkok. Established in 2018, Teleport is an integrated logistics solutions provider operating the largest air logistics network in Southeast Asia, covering 80% of the region. The Teleport Network moves everything from large palletised cargo to small eCommerce parcels in an affordable, fast and reliable way, reaching over 164 destinations across Asia Pacific via combined freighter and high-frequency passenger aircraft belly capacity of AirAsia and 40+ other partner airlines. As a logistics venture of Capital A with presence across Malaysia, Thailand, Indonesia, Philippines, India, Singapore and China, Teleport ensures that everything arrives the next-day for anyone across Southeast Asia. Follow Emirates 24|7 on Google News.
Khaleej Times
16-04-2025
- Business
- Khaleej Times
UAE flight ticket prices fall 35% as budget airlines, demand for affordable travel grows
Average real airfares in the UAE have fallen by 35 per cent in 12 years due to the launch of new low-cost airlines and growing competition amid rising demand for air travel, according to the International Air Transport Association (Iata). "In the past 50 years, flight costs have decreased by 70 per cent globally, making air transport more accessible. The average real airfare in the UAE decreased by 35 per cent between 2011 and 2023,' the global aviation body said in a research released on Wednesday. Strong competition between local and foreign airlines has helped reduce airfares over the years. The UAE has seen the launch of several new airlines, such as Air Arabia Abu Dhabi and Wizz Air Abu Dhabi. Market leaders Emirates, Etihad Airways, Air Arabia and flydubai already operate to hundreds of destinations across the globe. These growing options also benefit passengers, especially from the perspective of low-cost airlines. The UAE also has one of the best air connectivity globally. It is home to 7 airports with commercial scheduled flights, 304 international airports directly connected, 109 countries connected by direct flights, 857 outbound daily flights and 126 airlines operating. Local and foreign airlines added around 162 new international routes in the last 5 years. 'The UAE is a critical hub for global connectivity. The benefits of its super-connector role include bringing trade, tourism, investment, and jobs to the UAE. The leadership of the UAE has a strategic vision for aviation, supported by smart regulation and investment in world-class infrastructure,' said Willie Walsh, director-general of Iata. Works 2 days to afford a flight ticket Iata said the UAE residents need to work 1.9 days to afford a flight ticket; this is based on the average fare for travel and GDP per capita in 2023. According to the World Bank, the UAE's per capita was Dh180,000 in 2023, averaging Dh15,000 monthly salary. Based on two days of work, UAE residents can earn Dh1,000, which allows them to afford air tickets to many destinations, especially for budget carriers. In addition to the people in the UAE, residents in the GCC, the US, Canada, Europe, Australia and some other countries are required to work less than 5 days to afford an air ticket. People in Africa, India, Pakistan and other CIS countries must work over 15 days to afford an air ticket due to low wages and the high cost of air travel. Nearly 1 million aviation jobs Due to the growing demand for air travel in the UAE and globally, the aviation sector has grown exponentially over the past decades. Dubai has emerged as a global aviation hub; it remained the busiest airport in terms of international passenger traffic. Overall, 3,668 flights per 1,000 people were taken in 2023 in the UAE, according to the Iata report, which was launched on the occasion of the three-day World Cargo Symposium, which began in Dubai on Tuesday. Iata said that 206,800 people are directly employed in aviation, generating $26.6 billion in economic output, which is equal to 5.3 per cent of UAE's GDP. Additional benefits are generated by the wider supply chain, employee spending, and tourism activities, contributing a total of $92 billion to GDP and 991,500 jobs. Tourism supported by aviation contributes $22 billion to the country's GDP and employs 297,300 people. International tourists to the UAE are estimated to contribute $47.7 billion annually to the economy by purchasing goods and services from local businesses. 'Supporting nearly a million jobs and 18.2 per cent of GDP, aviation makes an enormous contribution to the UAE's prosperity — both culturally and economically. And we can be confident that this contribution will strengthen as the UAE continues to facilitate opportunities for aviation to thrive,' said Walsh. International air traffic accounted for 100 per cent of total origin-destination (O-D) departures for the UAE in 2023, equal to 34.8 million passenger departures. Asia Pacific was the largest international market for passenger flows from the UAE due to a large number of expats from this region working in the UAE. This was followed by Europe and the Middle East. Almost 14.1 million passengers departed from the UAE to Asia Pacific (40 per cent of the total), 8.5 million to Europe (24 per cent of the total), and 7.9 million to another country in the Middle East (23 per cent of the total).
Hi Dubai
16-04-2025
- Business
- Hi Dubai
Emirates SkyCargo and Teleport Join Forces to Boost Southeast Asia–Global Trade via Dubai
Emirates SkyCargo has signed a strategic Memorandum of Understanding (MoU) with Teleport, the logistics arm of AirAsia, to enhance air cargo connectivity between Southeast Asia and global markets through Dubai. The agreement was formalized at IATA's World Cargo Symposium by Emirates SkyCargo's Divisional Senior Vice President Badr Abbas and Teleport CEO Pete Chareonwongsak. The partnership aims to unlock greater trade opportunities by combining Emirates' global reach of over 145 destinations with Teleport's access to more than 100 destinations across Southeast Asia, including secondary and tertiary airports. Initiatives include expanded cargo interline options and block space agreements to boost flexibility and capacity for businesses across both regions. 'For almost 35 years, we've proudly supported trade in Southeast Asia. This partnership is a natural extension of that legacy,' said Abbas, highlighting the benefits for customers accessing new markets in Asia and beyond. Chareonwongsak noted that the collaboration marks Emirates' first of its kind in the region. 'As e-commerce reshapes global logistics, this partnership strengthens our ability to serve rising demand, particularly for express and lightweight shipments,' he said. Southeast Asia, a manufacturing hub for sectors like electronics, fashion and pharmaceuticals, shipped approximately 2.5 million tons of air cargo in 2024. With infrastructure improvements and e-commerce growth, volumes are set to rise—especially toward the Middle East and Europe. The partnership also aligns with deepening UAE–ASEAN economic ties, supported by CEPA agreements with Malaysia, Indonesia and Cambodia, and upcoming accords with Vietnam and Thailand. As Emirates expands its network, including new flights to Siem Reap and Da Nang in 2025, the collaboration with Teleport promises to strengthen supply chains and accelerate trade in a rapidly evolving global economy. News Source: Dubai Media Office
