Air Charter ‘ready to meet cargo traffic rise’
Dubai, August 11, 2009
Air Charter International (ACI), a leading Dubai-based aircraft charter and leasing company, has the expertise and the capability to meet the projected increase in world air cargo traffic, said its chief executive.
Stuart Wheeler, CEO of ACI, was speaking with reference to a recent Boeing Company's World Air Cargo Forecast (WACF) that said "rising jet fuel prices and distress in the financial sector dampened world air cargo growth in 2007 and 2008. However, over the next 20 years, world air cargo traffic will triple compared to current levels."
The report went on to say that "world air cargo traffic will expand at an average annual rate of 5.8 per cent for the next two decades, tripling current traffic levels. Markets connecting developing economies to established economies will either approximate or exceed the average world growth rate."
Companies in various industry sectors will be looking to penetrate these emerging markets, many of which are located in high-risk or remote areas, such as: Libya, former Soviet Republics, the Arctic, Alaska, Africa and the Americas and will require a variety of logistical cargo project services and cargo air charters, according to the forecast.
Logistical projects require global shipments with particular requirements, such as: heavy transports, outsized cargo, and cargo with time sensitive or security constraints to remote and difficult to access locations; will consequently contribute to the estimated growth in air cargo traffic.
"Sound planning is the backbone of every such project and with our extensive experience, Air Charter International, can source the ideal aircraft to fit the job in time critical situations, as well as overall supervision of loading and discharge operations,” said Wheeler.
ACI has experience in assisting governments and affiliated agencies with delivery of heavy-lift goods and infrastructure components into crisis areas or reconstruction zones, he added.
In mining, oil and gas sectors, industries that are directly influenced by the growth of developing countries, transportation of specialized chemicals and capital equipment (mining processing plants, rigs pipelines, cooling towers and generators and spare parts) have been the mainstay of ACI’s air logistics solutions.
"ACI’s strong position in assisting these industry requirements is due to the combined expertise of its employees and the unique operating capability and extensive operator base capable of facilitating outsize loads on behalf of our customers,” Wheeler concluded. – TradeArabia News Service
More Industry, Logistics & Shipping Stories
- Pentair to set up manufacturing unit in Saudi
- Alba supports major energy summit
- Polysys Additive breaks ground in Kizad
- Qatar non-hydrocarbon economy on the rise
- ADPC to take over UAE port operations
- Carlyle readies $3bn sale of chemical firm
- Firm plans to bring super jumbo jet to Bahrain
- Johnson Controls, Hitachi in AC venture
- OICT installs nextgen cranes at Sohar Port
- Saudi petchem giants eye share-swap merger in 2014