Saudi Airlines Cargo released annual results for 2012, marking total boarding figures of 516,000 tons with a 21 percentage increase in revenue compared with the previous year.

“2012 has been our most successful year to date,” commented Fahad Hammad, chief executive officer of Saudia Cargo. “This is largely due to a very strong Q4, which has resulted in a total annual growth in revenue of 21% versus 2011.”
“We have achieved growth in all of the regions in which we are active,” he continued. “Our volumes from Europe have increased by 47% and from Greater China/Hong Kong by 21%. Likewise, volumes from the UAE have risen by 51% and from Bangladesh by 72%.”

It is a similar picture for volumes from the network into other markets, with volumes into KSA increasing by 22% and into Africa by 35%. Volumes from all regions into Europe also rose by 43%. 

Saudi Airlines Cargo operates scheduled freighter services with 13 freighters and sells the belly-capacity on 145 passenger aircraft for Saudi Arabia’s flag carrier Saudia covering a global network of 225 destinations.