Emirates is considering an order for Boeing Co. or Airbus SE freighters and may convert more passenger jets to expand its cargo fleet.
The carrier, which aims to double freight capacity in the next decade, hasn’t decided between Boeing 777-8 freighters and Airbus 350Fs, and could take another four years to commit to either, Emirates’ cargo chief Nabil Sultan said. The airline’s cargo fleet is currently all Boeing. Some of its more than 100 Boeing 777 passenger planes could be converted for cargo use too.
The company “will evaluate, hopefully by 2027, whether we require a different mix to what we have already,” Sultan, divisional senior vice president of Emirates SkyCargo, said in an interview at an industry conference in Singapore.
While cargo yields have fallen from their Covid peak, they remain 20% above pre-pandemic levels. Demand is also increasing in the lead up to Christmas.
“We’re probably at a much more stable stage now,” Sultan told Bloomberg News. “We’ve passed the bottoming out. We’ve seen consistent growth.”
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