Saudia Cargo has reported that its cargo volumes jumped by 20% in the first quarter of 2024, marking a significant improvement for the carrier over the same period last year.

Saudi Cargo says the growth underscores its ability to navigate challenges and deliver results amidst global economic shifts and evolving market demands.

The cargo carrier has recently implemented a series of strategic initiatives and partnerships that it says have directly contributed to its successful start to operations since the beginning of the year.

One notable initiative has been the expansion into the Asian market and enhancement of the flight network by introducing two weekly flights to Shenzen, China.

Other notable initiatives have been the rise in cargo rates on passenger aircraft operated by Saudia Airlines, leveraging cargo capacities. This increase is estimated at 38% compared to the same period last year, coinciding with peak holiday seasons and the month of Ramadan.

Teddy Zebitz, chief executive of Saudia Cargo, said: “At Saudia Cargo, we are thrilled to see the incredible strides we have made in Q1 2024. Our strategic partnerships with Worldwide Flight Services (WFS) and Cainiao Group have transformed cross-border e-commerce logistics, amplifying customer service and industry innovation.

“This launch of our collaboration at Cainiao’s Liege eHub in Belgium earlier this year underscores our dedication to global operational excellence, meeting the surging demand for top-tier organisation in cross-border e-commerce across the Middle East and European markets, while also facilitating seamless logistics solutions and solidifying our position as a vital bridge between East and West trade.”

The cargo airline witnessed a 19% increase in total specialised product tonnage in Q1, which it says is driven by strong growth across all segments.

Reflecting the evolving demands of the fashion industry, Saudia Cargo’s ‘fashion’ segment tonnage increased by 85%.

The ‘express’ segment achieved 9% growth, ensuring the prompt delivery of time-sensitive shipments, and the ‘e-commerce’ segment boasted the highest Q1 tonnage flown, with a 34% growth.

Zebitz added: “Saudia Cargo continues to set new industry standards while empowering businesses to flourish worldwide. All of these initiatives led to achieving the highest monthly flow tonnages for the month of March 2024 since 2017.

“In a pivotal move, we have also bolstered operational capacity by welcoming new 747 aircraft to our fleet, ensuring enhanced efficiency and timely delivery of cargo worldwide.

“As we continue to navigate through dynamic market conditions, we remain focused on delivering exceptional value to our customers and driving growth in the global air cargo industry.”

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