Emirates Post launches air courier business

Emirates Post has revealed plans to expand its airfreight activities by commissioning two aircraft, which are expected to begin services this month.
Emirates Post launches air courier business
By Alex Hawkes
Thu 22 Mar 2007 04:18 PM

Emirates Post has revealed plans to expand its airfreight activities by commissioning two aircraft, which are expected to begin services this month.

The postal company has selected the Airbus A300, featuring a capacity of 44 tonnes. An additional plane will be added to the fleet each month, with an ambitious target of 50 planes in the next five years.

"The goal behind launching our own freighter service is to control the movements of goods by air, rather than depend on regular carriers, as there is always a shortage of capacity in this busy market," said Abdullah Ebrahim Al Daboos, director general, Emirates Post.

"We intend to adopt the business models of DHL, UPS, FedEx and others, and develop the lucrative freighter business," he added.

The air courier service is one of three new companies Emirates Post plans to introduce during 2007, the other two being a trucking company for the GCC and Middle East market and a money management and movement company. The holding group will become known as the Emirates Post Group following sanction of its IPO proposal.

"Emirates Post's expansion plans have picked up momentum over the past four years, with the launch of subsidiaries such as Electronic Document Centre, Emirates Marketing and Promotions and Wall Street Exchange Centre. From this year, we are entering a new phase that will see Emirates Post entering new areas of freighter services, trucking and money management solutions," said Al Daboos.

"The implementation will be completed at a fast pace. This will accelerate once we formally announce the establishment of the holding company, the Emirates Post Group, very soon," he added.

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