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Maximus Air Cargo maintains high-growth traffic trend in nine months to Sep-08

12-Feb-2009

Maximus Air Cargo, a specialist Middle East-based heavy-lifter, reported a four-fold increase in freight-ton kilometres (FTKs) to 278 million in the nine months to 30-Sep-08. Hours flown followed a similar pattern, up 365% year-on-year to 6,883 hours, resulting in a 227% year-on-year increase in sales revenue to USD86.4 million, 170% ahead of the company’s target. Accordingly, the carrier is expected to exceed its targets sales of USD100 million for 2008. [1032 words]

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Subheadings:

  • ...but overall cargo traffic growth plummeting in Middle East and worldwide
  • New ownership paves the way for operational growth

Graphs and data:

  • Maximus Air Cargo traffic highlights for nine months ended 30-Sep-08
  • Maximus Air Cargo Fleet Plans: as at Feb-09
  • Cargo traffic growth (FTK growth) and capacity growth (ATK growth) by region: Dec-08
  • Middle East vs Industry freight tonne kilometres (FTKs) growth (% change year-on-year): Jan-08 to Dec-08
  • Middle East vs Industry available tonne kilometres (ATKs) growth (% change year-on-year): Jan-08 to Dec-08
  • Cargo traffic growth (FTK growth) and capacity growth (ATK growth) by region: 2008
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