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All-cargo Midex Airlines out of business after seven shaky years
MIDEX Airlines, once the biggest all-cargo carrier in the Gulf as a unit of a Lebanese courier with a hub at Paris-Orly, has finally closed its doors, reports London's Loadstar.
It began life as subsidiary of Midex International, when founder Issam Khairallah decided to launch his express service as an airline between France and the Middle East with a UAE operating certificate.
It launched in Al-Ain, Abu Dhabi, in 2008 with A300Fs. But the airline struggled from the start.
Most in the air freight business will remember that 2008 was a tough time "especially to launch a freighter airline. Midex faced serious competition from belly carriers and never quite found the volumes it was targeting from the Indian subcontinent, via Abu Dhabi, to Orly.
It switched early from mostly scheduled services to ad hoc charters, and opened up routes to the military hotspots of Afghanistan, Iraq and Libya, which were in the process of rebuilding, while bringing 747-200Fs into the fleet to allow it to carry large-volume cargo. It had hoped to carry passengers too, but never did.
In March, its three remaining 747-200Fs appeared to be parked at its latest hub, in Sharjah. And in June, reported CH Aviation, it shut its doors. It is not clear what the plans there are for the aircraft.
It began life as subsidiary of Midex International, when founder Issam Khairallah decided to launch his express service as an airline between France and the Middle East with a UAE operating certificate.
It launched in Al-Ain, Abu Dhabi, in 2008 with A300Fs. But the airline struggled from the start.
Most in the air freight business will remember that 2008 was a tough time "especially to launch a freighter airline. Midex faced serious competition from belly carriers and never quite found the volumes it was targeting from the Indian subcontinent, via Abu Dhabi, to Orly.
It switched early from mostly scheduled services to ad hoc charters, and opened up routes to the military hotspots of Afghanistan, Iraq and Libya, which were in the process of rebuilding, while bringing 747-200Fs into the fleet to allow it to carry large-volume cargo. It had hoped to carry passengers too, but never did.
In March, its three remaining 747-200Fs appeared to be parked at its latest hub, in Sharjah. And in June, reported CH Aviation, it shut its doors. It is not clear what the plans there are for the aircraft.
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