Tag Archives: Etihad Cargo

Etihad Cargo posts 49% revenue growth for 2021

Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has achieved record revenue growth of 49 per cent in 2021 as it continued to outperform expectations with a 27 per cent year-on-year increase in freight carried, contributing towards 55 per cent of the group’s revenue.

“2021 was a milestone year for Etihad Cargo,” said Martin Drew, Senior Vice President Sales & Cargo, Etihad Aviation Group. “The Etihad Cargo team has worked closer than ever with partners and customers to address their demands and allocate necessary capacity, resulting in a record tonnage of 729,200 tonnes – the highest since 2017.”

In Q1, Etihad Cargo temporarily modified five Boeing 777 aircraft to support cabin-loaded cargo, operating more than 800 charter and scheduled cargo flights in the new configuration in 2021, adding capacity along key strategic routes. By mid-2021, Etihad Cargo had announced the recovery of more than 90 per cent of its network compared to pre-COVID. In total, the carrier operated more than 6,000 passenger freighters throughout the year, with freighter utilisation averaging 16.5 hours.

Premium products have also seen remarkable growth: PharmaLife, the carrier’s award-winning pharmaceutical shipment solution, achieved a 85 per cent increase in revenue on 2020, while FreshForward, for transporting perishables, increased by 26 per cent. With the relaxation of travel restrictions, SkyStable, the carrier’s dedicated equine transportation solution, grew by 28 per cent, and SafeGuard, for transporting valuables, increased by 103 percent compared to 2020.

Despite the ongoing operational challenges imposed by new variants of the COVID-19 virus, the UAE national carrier also maintained a Delivered As Promise (DAP) rate of 84 per cent through the past 12 months and an on-time performance (OTP) of 84 per cent.

Over the past year, Etihad Cargo continued to facilitate critical COVID-19 vaccine distribution which contributes to 30 per cent of its pharmaceutical shipments. Jointly with its partners at the HOPE Consortium, over 250 million COVID-19 vaccine doses have been handled to over 40 countries. In addition, several initiatives have been launched to facilitate the distribution and to position Abu Dhabi as a pharmaceutical and live science hub including establishing the first pharmaceutical distribution corridor between Abu Dhabi and Belgium. The corridor will facilitate the quick delivery of vaccines and meet future life science needs. The carrier is also working in tandem with UNICEF to transport aid globally following the signing of a five-year Memorandum of Understanding (MoU) to support the UN agency’s Humanitarian Airfreight Initiative.

Investing in digitalization has continued to be a key enabler to success. Augmenting customer service was a key focus of 2021 and Etihad Cargo’s new online booking portal was developed following extensive customer workshops to address their requirements, reducing the booking time to just 45 seconds. Since its launch in October, the company has recorded 36% increase in online bookings within three months of launching the new portal. In addition, the carrier has announced exploring a proof of concept with SPEEDCARGO for using Artificial Intelligence to measure cargo dimensions and optimize space planning, which will in turn allow Etihad Cargo to improve capacity planning.

Atlas Air starts operating a Boeing 747-800F freighter for Etihad Cargo, Miami becomes part of the round-the-world cargo route

Atlas Air (New York) on May 30 started operating its newest Boeing 747-800F for Etihad Cargo (formerly Etihad Crystal Cargo) (Etihad Airways) (Abu Dhabi). The fully-painted freighter will operate twice-weekly cargo services to and from Miami.

Etihad Airways announced its new round-the-world cargo flight:

The jointly operated routing began on May 30, connecting Etihad Cargo’s Abu Dhabi hub with destinations in Asia, the United States, South America and Europe.

Miami (US), Viracopos (Brazil), and Quito (Ecuador) will become part the round-the-world Abu Dhabi-Hong Kong-Chicago O’Hare-Miami-Viracopos-Quito-Amsterdam-Abu Dhabi freighter service offered with an Etihad Cargo-liveried Boeing 747-8F Freighter.

Earlier this month, Etihad Cargo signed a signed a multi-year Aircraft, Crew, Maintenance and Insurance (ACMI) agreement with Atlas Air to provide the Boeing 747-8F Freighter with its 138-ton cargo capacity to operate the new schedule.

The three new freighter destinations in the Americas will see Etihad Cargo’s network extend to 92 points across the globe. The carrier’s eight freighters operate to 28 of these destinations.

The Boeing 747-8F Freighter is the largest in Etihad Cargo’s current freighter fleet. The airline also operates three Boeing 777Fs, one Boeing 747-400ERF, one Boeing 747-400F and two Airbus A330-200Fs.

Etihad Cargo will take delivery of two additional freighters in 2013 and 2014, comprising two Airbus A330-200Fs.

Atlas Air previously made this announcement in May:

The 8th Boeing 747-800F freighter will fly on behalf of Etihad Cargo, the cargo arm of Etihad Airways, the national carrier of the United Arab Emirates, pursuant to a multi-year aircraft, crew, maintenance and insurance agreement that commences in May 2013.

The new contract between the companies follows a letter of intent announced on April 1, 2013, and complements an existing Boeing 747-400F ACMI arrangement between Atlas and Etihad. The aircraft will be operated in full Etihad Cargo livery.

Copyright Photo: Michael Bolden. The pictured Boeing 747-87UF N855GT (msn 37567) was delivered to Atlas Air on May 18, 2013. The Jumbo Freighter prepares to depart from Miami on its twice-weekly round-the-world cargo route.

Atlas Air: AG Slide Show

Etihad Airways: AG Slide Show