Emirates SkyCargo invests in U.S.-UAE trade
Last year, trade between the United Arab Emirates and the U.S. surged 43 percent from 2010, reaching a record high of $18.3 billion. Emirates SkyCargo officials hope the UAE-based carrier’s September 12 launch of Boeing 777-300 ER service to Washington Dulles International Airport increases commerce between these two regions even more.
Emirates SkyCargo’s Washington, D.C. route will mark its seventh U.S. destination, as well as its third U.S. route of 2012. The 113-percent, year-over-year, increase in UAE exports to the U.S. witnessed last year played a role in the carrier’s decision to increase service to North America, according to a press release.
Transport equipment and machinery parts are projected to be the key commodities exported from the carrier’s Dubai International Airport hub, while household goods and garments are expected to top the list of imports to Washington, D.C.; pharmaceuticals and electronics are likely to be seen on both trade lanes, according to the press release.
Ram Menen, Emirates’ senior divisional vice president of cargo, believes the new route will benefit both regions’ economies tremendously. “Emirates SkyCargo, offering the fastest trade link between Washington and the Middle East, will be providing a boost to the American economy by stimulating international trade between countries across our global network of more than 120 destinations,” he said in a statement.
“Our Dubai hub is strategically located within eight hours of two-thirds of the world’s population and can connect U.S. businesses to both established trading points in the Far East, as well as emerging markets in the Indian subcontinent, Africa and the Middle East,” Menen continued.
Prior to launching service to Washington, D.C., Emirates SkyCargo will commence flights to Barcelona and Lisbon on July 3 and July 9, respectively. These destinations will join a host of other cities newly served by the Dubai-based freight carrier, including Buenos Aires; Dallas/Fort Worth; Dublin; Ho Chi Minh City, Vietnam; Liege, Belgium; Rio de Janeiro; and Seattle.