Cargo Facts
SUBSCRIBE
  • NEWS
  • DATA
  • MULTIMEDIA
  • MAGAZINE
    • Issue Archive
    • Weekly Update
  • EVENTS
  • CONSULTING
Sunday, March 7, 2021
Log In
No Result
View All Result
  • Aircraft Leasing
  • Capacity & Demand
  • Carriers
  • E-Commerce
  • Engines
  • Express
  • Freighter Aircraft
  • Freighter Conversions
Cargo Facts
  • NEWS
  • DATA
  • MULTIMEDIA
  • MAGAZINE
    • Issue Archive
    • Weekly Update
  • EVENTS
  • CONSULTING
Log In
No Result
View All Result
Cargo Facts
No Result
View All Result

AirBridgeCargo volume growth slows in 2018

Caryn Livingston by Caryn Livingston
January 14, 2019
in Carriers, News Archives
Share on FacebookShare on TwitterShare on LinkedIn

Volga-Dnepr Group’s Russian subsidiary AirBridgeCargo Airlines (ABC) reported a 2% increase in its year-over-year cargo handle, to more than 700,000 tonnes – likely lagging behind industry average growth rates of around 4%, and well off from recent years for which double-digit growth was the norm for ABC. On a higher note, growth rates for the carrier’s specialty cargo segments outpaced growth for AirBridgeCargo’s general cargo segment, the carrier said in a statement.

While the increase in specialty cargo – which supports carrier bottom lines more than general cargo – is good news for ABC, the 2% growth in volumes reported by the Russian carrier falls below the overall growth expected for the air freight industry in 2018 and below results beginning to roll in from other carriers. Dubai-based Emirates SkyCargo grew its total handle by 4% y-o-y to 2.6 million tonnes, thanks to expansions of its network and its new pharma corridor, which transported 73,000 tonnes of pharma cargo in 2018, our sister publication Air Cargo World reported. Meanwhile, although December results have not yet been released for all International Air Transport Association (IATA), year-to-date international air freight traffic through November was recently reported up 4.0% y-o-y in freight tonne kilometers (FTKs).

According to the airline, its special cargoes volumes went up by 25% y-o-y during 2018, with pharma volumes rising by more than 60%, dangerous goods shipments increasing by 40%, oversize and heavy cargo volumes rising by 20%, and e-commerce business growing by 6%. The carrier also added new destinations to its network in 2018, including Ho Chi Minh City (SGN), Shenzhen (SZX), Budapest (BUD), and Columbus (LCK).

E-commerce volumes transported by ABC and other Volga-Dnepr subsidiaries are likely to continue growing in 2019 and beyond, thanks to the memorandum of understanding (MoU) announced last month between Volga-Dnepr Group and Cainiao, the logistics arm of Chinese e-commerce giant Alibaba. In support of the expected growth, in October 2018 ABC named Liège Airport (LGG) its new European hub. Sergey Lazarev, ABC’s General Director, said the carrier will grow its number of weekly flights to LGG by as much as thirty by mid-2020, in support of special cargoes generally, and e-commerce particularly. The carrier is expected to open 12,500 sq. meters of warehouse space at LGG by June of this year, with another 12,500 sq. meters expected in early 2020.

Those interested in learning more about trends in air freight are invited to join us Cargo Facts EMEA, to be held 4-6 February at The Westin Grand Frankfurt, where a panel discussion will be dedicated to the topic. To register or for more information, visit www.cargofactsemea.com.

Tags: AirBridgeCargo AirlinesVolga-Dnepr Group
Previous Post

Announcing the Cargo Facts Asia agenda

Next Post

宣布亚洲空运会议2019的会议议程

Related Posts

Mesa to expand freighter fleet with leased 737F
Aircraft Leasing

Mesa Airlines to expand freighter fleet with leased 737F

March 5, 2021
Lufthansa Cargo to add first used 777F
Carriers

Lufthansa Cargo to add first used 777F

March 4, 2021
Aviastar-TU continues 757F fleet growth
Carriers

Aviastar-TU continues 757F fleet growth

March 3, 2021
Next Post
Announcing the Cargo Facts Asia agenda

宣布亚洲空运会议2019的会议议程

By subscribing you agree to our Terms of Use and Privacy Policy

Get Latest Issue

CARGO FACTS CONSULTING

4 airlines that could end up with NCA’s 747-400Fs

Japanese air exports up in December and January, imports down

March 3, 2021
DHL begins transferring 767 ops to Amerijet

2020 express volumes up amid lower yields

March 2, 2021
  • About Us
  • Help Center
  • Privacy Terms
  • ADA Compliance
  • Advertise

Follow Us

twitter twitter linkedin podcast

© 2021 Royal Media & Cargo Facts

No Result
View All Result
  • News
    • All News
    • Aircraft Leasing
    • Capacity & Demand
    • Carriers
    • E-Commerce
    • Engines
    • Express
    • Freighter Aircraft
    • Freighter Conversions
  • Data
  • Multimedia
  • Magazine
    • Issues Archive
    • Weekly Update
  • Events
  • Consulting
  • Subscribe
  • Log In / Account

© 2021 Royal Media & Cargo Facts

Go to mobile version