SAN DIEGO – Despite a weak air cargo market in 2019, Santiago-headquartered LATAM Cargo is optimistic about the long-term prospects for airfreight in Latin America. E-commerce, both domestic and cross-border, will be a major driver for trade requiring expedited transportation, Andres Bianchi, CEO, LATAM Cargo, told Chelsea Toczauer, associate editor, Air Cargo World, on the sidelines of Cargo Facts Symposium 2019.
In addition to expected growth on the retail side, Bianchi said that a recent investment from U.S.-based Delta Air Lines has the potential to be “meaningful across the board” post-approval.