English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

No "fantastic" peak season for air cargo this year

PRESS RELEASE

July 17, 2015: AirBridgeCargo Airlines (ABC) has reported a 17% increase in tonnage carried across its global network in the first half of 2015.

The airline transported over 218,000 tonnes in the six months ended June 30, 2015 and saw a 22% rise in freight ton-kilometres. ABC achieved a load factor of 67% during the half-year, maintaining a level much higher than the industry average.

The airline's tonnage in June was up 16% year-on-year and surpassed the growth rate of 11% reported in May.

Denis Ilin, ABC's Executive President, said: "AirBridgeCargo is progressively developing as a global air cargo carrier and continues to invest heavily in its fleet, human resources and route network development to support its clients' global supply chains. With the positive response from customers to our existing and new services, stable growth rates, healthy load factors and our client-oriented international team, ABC is very well placed to bring in additional capacity later this year in front of the high season.

"We expect a stable rather than fantastic peak cargo season and we look forward to our volumes continuing to gain momentum towards the end of the year."

During the first six months of the year, ABC intensified its efforts to grow business in key markets with the addition of extra frequencies and transportation options for customers via the airline's hub at Moscow's Sheremetyevo Airport. On its core trade lanes between Europe and China, ABC recorded a 26% growth in tonnage eastbound and a 6% improvement in westbound traffic in the reporting period to maintain its strong position in both markets, despite weakening European imports.

AirBridgeCargo also expanded its presence on Europe-USA routes with additional Boeing 747 freighter services from Frankfurt to Chicago. During the first six months of 2015, the airline carried over 6,200 tonnes of cargo westbound between its European and North American gateways.

Further expansion in the North American region and clear focus on making its presence in the U.S. stronger was realised with the launch of Los Angeles services and adding more flights from ABC's well-established online stations of Chicago and Dallas, enabling ABC to reach double-digit growth figures in the U.S. market as well. The airline transported over 20,280 tonnes of freight from North America in the first six months of the year.

 

More News

Written on 07/12/2017, 22:33
russian-railways-to-invest-rub7-7-trillionMOSCOW: December 04, 2017. Speaking at the III Railway Congress at the beginning of this month, OJSC Russian Railways president Oleg Belozerov said the...
Written on 07/12/2017, 16:12
first-b777-freighter-for-turkish-cargoISTANBUL: December 07, 2017: Turkish Airlines has taken delivery of the first of two B777 freighters due to arrive in 2017 at a ceremony in Istanbul this...
Written on 06/12/2017, 20:49
cma-cgm-supports-green-santa-clausMARSEILLE: December 06, 2017. CMA CGM and French clothing manufacturer Kaporal Group have launched a limited edition collection called 'Shipping the...
Written on 06/12/2017, 16:57
jal-invests-in-supersonic-boomTOKYO/DENVER: November 05, 2017. Japan Airlines (JAL) has invested US$10 million and placed options for up to 20 Boom Supersonic aircraft as part of a...
Written on 05/12/2017, 21:47
freightweek-news-update-week-49COPENHAGEN: Maersk Line makes westbound network changes as Asian port congestion causes sailing delays. Read more: Advisory.pdf PARIS: December 08, 2017....
Written on 05/12/2017, 17:13
virgin-hyperloop-one-to-link-bengaluru-and-chennai-in-25-minutesBENGALURU, India: December 05, 2017. Virgin Hyperloop One has signed an MoU with the Indian state of Karnataka to determine the economic impact of its...
Written on 01/12/2017, 18:49
dhl-s-first-converted-a330-300-just-needs-paintDRESDEN: December 01, 2017. DHL Express has taken delivery of the first A330-300 Passenger-to-Freighter (P2F) conversion from Elbe Flugzeugwerke (EFW),...
Written on 29/11/2017, 21:29
cargolux-nca-code-share-to-include-frankfurt-hahnLUXEMBOURG: November 29, 2017. Cargolux has signed a new code-share and capacity swap agreement with Nippon Cargo Airlines (NCA) between Europe and Japan...
Written on 29/11/2017, 00:08
smart-retailer-ocado-signs-ecommerce-deal-with-groupe-casinoLONDON/PARIS: November 28, 2017. UK online grocery retailer Ocado Group is to provide its proprietary eCommerce technology to French bricks and mortar...
Written on 28/11/2017, 19:06
swiss-world-cargo-expands-pharma-corridorsZURICH: November 28, 2017. Swissmedic, responsible for the authorization and supervision of therapeutic products in Switzerland, has renewed the...
Written on 27/11/2017, 20:02
freightweek-news-update-week-48BRUSSELS: November 30, 2017. The European Commission has updated its list of 178 airlines banned from the EU for safety reasons. Read...
Written on 26/11/2017, 22:46
air-canada-cancels-freighter-networkTORONTO: November 24, 2017. Air Canada Cargo is terminating its B767 freighter services to and from Mexico, Dallas-Fort Worth, Atlanta, Bogota, Lima and...
Written on 26/11/2017, 20:34
qatar-helps-deliver-sight-to-childrenDOHA: November 25, 2017. Qatar Airways has renewed its sponsorship of Orbis UK, the global charity that fights avoidable blindness through access to...
Written on 24/11/2017, 22:20
hna-buys-australian-reefer-logistics-businessPERTH, Australia: November 23, 2017. HNA International is to buy the refrigerated logistics business of Australia's largest auto retailer Automotive...
Written on 24/11/2017, 20:53
alibaba-adds-online-technology-to-offline-retailingHONG KONG: November 21, 2017. The Alibaba Group is acquiring a 36.16 percent stake in the Sun Art Retail Group for US$2.88 billion Sun Art is a...
Written on 21/11/2017, 15:20
freightweek-news-update-week-47ABU DHABI: November 26, 2017. Etihad Airways has appointed Justin Carr as the airline's new vice president Cargo. Carr is a former DHL senior executive....
Written on 18/11/2017, 22:25
crowley-supports-puerto-rico-power-restorationSAN JUAN, PR: November 17, 2017. Puerto Rico's Electric Power Authority director Ricardo Ramos resigned today as the government acknowledged that only...
Written on 18/11/2017, 16:13
emirates-skycargo-signs-ecommerce-mouDUBAI: 18 November, 2017. Emirates SkyCargo has signed an MoU with Dubai CommerCity (DCC) – a free zone dedicated to eCommerce in the MENA...
Written on 17/11/2017, 23:08
qantas-plans-mustard-power-for-trans-pacificSYDNEY: November 18, 2017. Qantas is to operate the world's first bio-fuel B787-9 flight between Melbourne and Los Angeles next year based on Brassica...
Written on 17/11/2017, 20:43
yusen-buys-tibbett-logistics-in-romaniaWOODFORD GREEN, UK: November 17, 2017. The Keswick Enterprises Group is selling its Romanian Tibbett Logistics subsidiary to Amsterdam-based Yusen...

- powered by Quickchilli.com -