UPCOMING PROJECTS
Current Projects under Process :
1. Air Cargo Project: enclosed is the full study of the project and as follows a brief view of the project study .
Business Case
There is sufficient demand and future growth to develop a small niche freighter operator, operating a small fleet (up to 3 to 5) big to medium lift capability dedicated freighters within the Middle East / Asia region to service the high demand city pairs , especially with the wealth of the Arab populations .
Market
Market segments will be limited to Middle East / Asia regions with Iraq and Iran being the key production centers as the operating bases of the freighter operations .
Access to other markets or regions will be via the transshipment link up with parent airline using the main hub in Dubai .
Product & Distribution
The key product will be similar to those offered by the major freighter operators, i.e. Dead Space, Block Space and Free Sales .
Distribution channel will be expanded to work with Integrators, and global logistic providers .
Scheduling
Flight schedule and timing will be determined by Dead Space commitments with sufficient provisions to cater for ad hoc charters to capture seasonal peaks in demand of specific sectors .
To minimize cost and develop economic of scale, each destination will be served no less than 3 times per week .
Fleet Type
Leased fleet will be used during the start up phase, utilizing aircraft with low lease rate to minimize finance exposure and risks. B747-200 offers the best financial returns for this phase of the freighter operator ’s development .
Future fleet, sourced from more fuel efficient and lower operating cost fleet types, may be acquired or dry leased B757 or A310 offers the financial returns for this phase of the freighter operator ’s development .
Business System
A current level business system (IT) suite will be acquired and commission to reduce overhead, operation and unit cost and create competitive advantages .
The current challenges are fuel and increasing maintenance which, if manage well, could minimize the impact to the overall operations .
We are of the opinion there is a valid business case for Essential International Investment Company to invest in a Cargo Charter Company. There are good returns with potential of growth with the opening of Middle East and its populations .
There are 3 key business systems operating in the air cargo environment :
• Cargo reservations & yield system
• Cargo portal
• Warehousing operating system
Cargo reservation (IT) systems are required for online booking confirmation, tracking and payment. The system has to comply to Montreal Protocol 4 conversion guidelines .
Cargo portal such as GFX, Ezycargo and Traxon provides and manages access to forwarders and operators .
Warehouse operating systems automate the transshipment, export and import processes including storage and auto retrieval of consignments .
The need for this investment is to manage the business in terms of providing excellent customer support, costing and revenue, thereby ensuring that we are matching the best in the industry and being competitive .
2. Paper Trading: enclosed is the study related to the paper business .
Paper industry is one of the fastest moving business, the paper is a daily requirement and the consumption is generated from all types of business small to large association, printers, bookshops traders, converters, news print houses …etc. The consumption of it is massive the critical issue is how to market the product and matching the pricing to be competitive and achieve a good market share .
Market sizes: we are covering the Middle East and Africa market, in our initial stage we believe our coverage will be around 9 countries and within one year we are aiming to reach and provide our awareness in more than 16 countries. We are providing quality kind of papers, our aim is to reach and provide satisfaction to all level our paper users and sellers .
