Emirates strengthens Indian routes and introduces first class
Emirates airline has announced two enhancements to its service to the Indian market, in Kolkata.
Commencing 29 March the airline will add a 13th weekly flight between the West Bengal capital and its home and hub in Dubai. Operating on Wednesdays, flights will depart Dubai International Airport and arrive at Netaji Subhash Chandra Bose International Airport.
The inbound service offers convenient connections with several regions within Emirates’ network, including many of the 37 European, 17 Middle Eastern and 20 African cities Emirates serves. With this additional service, Emirates will operate 186 weekly flights across its network of 10 Indian destinations.
Also on 29 March, Emirates will start to operate a larger Boeing 777-200ER on the route as flight numbers EK 570 and EK 571, which will offer Emirates’ renowned First Class service. The Boeing is an up-gauge from the existing A330-200, with capacity for 274 passengers; 220 in Economy Class, 42 in Business Class and 12 First Class. Emirates will be the only airline operating a First Class cabin to the city.
The new service and up-gauge will represent a capacity increase of 250 seats in each direction per week.
Ahmed Khoory, Senior Vice President, Commercial Operations for West Asia and Indian Ocean, said: “Emirates commenced flights to Kolkata back in 2006, the seventh city we launched flights to. Since then we have flown over 1.6 million people and 55,260 tonnes of cargo on this popular route. On the milestone of completing nine successful years of operations to Kolkata, we are happy to offer an extra weekly flight to passengers flying to the city which not only increases their choice of flight times but also introduces increased capacity and a First Class cabin for our premium customers”, said.
“The additional flight and increased capacity also means strengthening of travel options available not just to Kolkata, but the entire east and north-east India region. We hope this capacity addition will help connect even more people to the market, and facilitate greater trade to the region and its economy”.
For more information on Emirates, visitwww.emirates.com
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.