These are challenging times for us, both in managing current operations and in developing new initiatives. However, there are key segments where operators in the industry are seeing significant opportunities and growth. While not present in every market, Silk Way West Airlines operates primarily in Asia, the Middle East, Europe, and the Americas, which makes it more concentrated in the northern hemisphere. This focus distinguishes it from other carriers, operating out of a solid foundation in central Asia.
Regarding business segments, the carrier is observing notable trends. e-commerce continues to experience substantial growth, which is a significant opportunity for us. Additionally, there are positive signs of a resurgence in the traditional B2B air cargo business, with increasing volumes in this sector.
There is also growth in specialised segments, such as aerospace components, engine parts, and oil field equipment. These industry verticals are expanding, indicating further opportunities in these niche markets.
“In the current market, particularly with regard to general and regional cargo, it’s clear that while e-commerce is a growing segment, it’s not the sole focus for us. Our fleet of Boeing 777 freighters is well-suited for handling a range of specialist cargo beyond just e-commerce,” Wolfgang Meier, President of Silk Way West Airlines, said.
Diverse fleet
Silk Way West’s cargo operations are carried out through a series of aircraft, including the Boeing 747-8, 747-400, and the Boeing 777 freighters, with more as part of a broader strategy to renew its fleet with the latest technology while phasing out older aircraft.
“Regarding future developments, we are committed to integrating the latest technology into our fleet,” Meier explained.
“We have orders for two Airbus A350 freighters and two Boeing 777-8 freighters. By updating our fleet with these new models, we aim to enhance fuel efficiency and operational effectiveness.
“Our focus is on leveraging cutting-edge technology to improve our services and meet the evolving demands of the air cargo industry.”
Base of operations
Alongside the fleet changes, Silk Way West is also undertaking another major project: building its own cargo airport in Baku, within the Free Trade Zone. This new airport will be entirely owned by the Silk Way Group and will feature its own facilities and procedures.
“We plan to inaugurate our new airport by mid-2026. This project will allow us to build not just a new facility but a fully integrated, eco-friendly ecosystem. The airport will utilise renewable energy sources, including solar technology, to power its operations,” Meier highlighted.
“All ground handling equipment will be electric, eliminating the need for traditional fuel-powered vehicles. This will make it one of the first all-cargo green airports in the world. The airport is located 50 kilometres south of Baku, and we will transition our operations there as soon as it opens.
“Moreover, while we’re focusing on cutting-edge technology for our new airport, we believe that every new construction should incorporate these high environmental standards. Additionally, I would advocate for airlines that invest in new, more sustainable aircraft to receive concessions on landing and handling fees to further support their green initiatives.”