Cargo Facts
SUBSCRIBE
  • NEWS
  • DATA
  • MULTIMEDIA
  • MAGAZINE
    • Issue Archive
    • Weekly Update
  • EVENTS
  • CONSULTING
Monday, January 18, 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

Stunning growth at ABC

David Harris by David Harris
December 21, 2015
in Capacity & Demand, Carriers, News Archives
Share on FacebookShare on TwitterShare on LinkedIn

AirBridgeCargo Boeing 747F loadingAirBridgeCargo continues to report cargo gains other carriers can only dream about.

Although worldwide growth in airfreight demand has stalled in 2015, AirBridgeCargo Airlines (ABC, the scheduled service subsidiary of Russia-based Volga-Dnepr Group) is posting astonishing numbers.

The carrier said cargo volume was up 27% y-o-y in November to 50,000 tonnes. For the first eleven months of 2015, ABC said volume was up 20% to 439,000 tonnes, so the 27% gain in November shows that the growth is accelerating. AirBridge did not provide and detail about traffic, other than to say that RTKs for the year to date were up 25%

Other than the first two months, airfreight demand worldwide in 2015 has been almost flat with 2014, so AirBridge is not merely benefiting from and industry-wide surge. Rather, its gains are coming in the form of market share taken from other carriers. Given that AirBridge’s main business is on the Asia-Europe trade lane, it is not surprising to see some of its big competitors on that lane reporting steep falls in demand. Lufthansa, for example, reported November cargo traffic down 12.0%, and Air France-KLM was in the same situation, with traffic down 11.3% for the month.

With growth like this, it is not surprising that AirBridge has been expanding its capacity – most notably in the form of two new 747-8 Freighters taken within a few days of one another in late November. All told, AirBridge has taken delivery of five 747 freighters in 2015: two freighter-converted 747-400BCFs, one 747-400ERF production freighter, plus the two 747-8Fs.

These additions bring its total fleet to twenty units, including eight 747-8Fs, five 747-400ERFs, two 747-400Fs, two 747-400BCFs, and three 737-400Fs.

And the fleet will grow. Parent Volga-Dnepr Group signed a Memorandum of Understanding with Boeing at the Paris Air Show this year for up to twenty 747-8Fs. Of these, two have now been delivered, but AirBridge is likely to take two or three more per year for the next several years.

Tags: Air FranceAirBridgeAirBridgeCargoBoeingfleet analysisLufthansaVolga-Dnepr
Previous Post

SF joins the 767 league

Next Post

Fifteen pallets for ST Aero

Related Posts

AEI inductions highlight surging conversion demand
Freighter Conversions

AEI inductions highlight surging conversion demand

January 15, 2021
Freighter Aircraft

Weekly Wrap: Flurry of freighter orders in first weeks of 2021

January 15, 2021
Cargojet equity offering to grow 767 fleet, add 777 platform
Freighter Conversions

Cargojet to grow 767 fleet, add 777 platform

January 14, 2021
Next Post

Fifteen pallets for ST Aero

Leave a Reply Cancel reply

Your email address will not be published.

Get Latest Issue

CARGO FACTS CONSULTING

DHL vaccines

COVID-19 vaccine traffic to be ‘blip on the radar’

December 18, 2020
China-Europe rail freight surges

China-Europe rail freight surges

October 9, 2020
  • 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