FedEx launches new route to boost ME business
Dubai, April 6, 2011
FedEx Express said it has launched a new intercontinental flight route with Boeing 777F aimed at providing significant service improvements for customers in the US, Middle East, India and Europe.
The Boeing 777F is the world’s largest twin-engine cargo aircraft, which delivers operational efficiencies as well as greater fuel efficiency and lower carbon emissions.
A subsidiary of FedEx Corp and the largest express transportation company, Fedex Express said that the new Boeing flight has been deployed to provide businesses with the best US – Middle East connectivity as well as unbeatable transit times, additional capacity and best-in-class customs clearance operations.
Trade between the US and the Mena region totalled more than $127 billion last year with economic indices forecasting growth in the Mena region to be 3.6 per cent in 2011.
With this new flight, FedEx Express will offer the fastest service from the US, Canada and select markets in Latin America to the UAE, Afghanistan, Lebanon and Bahrain and improved clearance operations into other regional markets, noted Hamdi A. Osman, senior vice president FedEx Express, MEA and Indian Subcontinent.
This will also provide additional capacity from India and between the Asia Pacific and EMEA region, providing untapped business opportunities for companies of all shapes and sizes, he observed.
“As the global economy becomes even more complex and intertwined, the markets of the Middle East region are some of the fastest growing, coming out of the recession stronger than anticipated,” Osman stated.
“This transit time enhancement will open up exciting growth opportunities for our customers and all businesses in the region wanting to sell and source their products in the U.S. and in other markets around the globe,” he added.
FedEx Express is the first US-based, global, all-cargo airline to add the B777F to its fleet and has taken delivery of 12 B777s and has 32 remaining on order, for a total of 44 B777Fs anticipated by the end of fiscal 2019.-TradeArabia News Service
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