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Maximus eyes African market.

Summary: ABU DHABI -- With the first of its three new A300-600RF's set to join the fleet in the next few months, Maximus Air Cargo -- the UAE's largest dedicated cargo aircraft operator -- is setting its sights on Africa as a region that represents great opportunity for future business growth.

ABU DHABI -- With the first of its three new A300-600RF's set to join the fleet in the next few months, Maximus Air Cargo -- the UAE's largest dedicated cargo aircraft operator -- is setting its sights on Africa as a region that represents great opportunity for future business growth.

The airline has just concluded a very successful participation in Air Cargo Africa 2011, the 1st biennial international air cargo conference and expo at the Kenyatta International Conference Centre, Nairobi, where it showcased its heavy lift capacity in a market hailed as the 'New Frontier'. "With air traffic volumes into Africa set to grow at about 10per cent, according to IATA, and with long reserves of resources and untapped investment opportunities, local markets in Africa hold strong profit potential," said Fathi Hilal Buhazza, Maximus Air Cargo President and CEO. "The aviation sector in Africa has been steadily expanding over the last few years and the latest projections paint a positive picture for air transfer in Africa as a whole."

Industry experts agreed at the deliberations, which stretched over three days, that the African continent has huge potential because of global demand and its good reputation for perishables, especially in Middle East.

"The UAE itself imports over 160 tonnes of perishables every week which is an indication of regional demand," explained Buhazza. "As a whole, Africa also has a potential for humanitarian relief flights including outsize charters like helicopters, armored vehicles, generators and water tanks, amidst others. -- business@khaleejtimes.com

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Geographic Code:60AFR
Date:Mar 9, 2011
Words:309
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