Pactl and Turkish join the new-record club

To our list of record-breaking November cargo performances we now add Pactl and Turkish Airlines. And not just a record month for these two, but a record year, as both have already surpassed last year’s full-year totals.

Inside the Pactl terminal at Shanghai Pudong International Airport

Inside the Pactl terminal at Shanghai Pudong International Airport

Shanghai Pudong International Airport Cargo Terminals Co. Ltd (Pactl) handles just under half the cargo moving through PVG. In November, it reported its monthly handle up 13.8% to an all-time monthly record 147,000 tonnes, continuing a pattern of strong growth in 2014.

For November, Pactl’s international volume was up 13.9% to 147,000 tonnes, while the much smaller domestic volume was up 13.0% to 10,000 tonnes (most of Shanghai’s domestic cargo moves through nearby Hongqiao Airport).

For the year through November, Pactl’s handle was up 16.3% to 1.37 million tonnes. This eleven-month total is already 5.6% higher than the company’s full-year handle in 2013. Assuming no surprises in December, Pactl looks likely to hit 1.5 million tonnes this year,  up about 16% over 2013 and a new full-year record.

Given that Pactl handles just under 50% of the cargo at PVG, we expect the airport’s full-year handle for 2014 to be about 3.1 million tonnes, up about 7% over 2013.

One of Turkish Airlines' five A330-200Fs

One of Turkish Airlines’ five A330-200Fs

A record month and a record year for Turkish Airlines 8,000 kilometers to the west of Shanghai, Istanbul-based Turkish Airlines reported its November cargo volume up 13.4% y-o-y to 60,911 tonnes. An all-time monthly record, and the first month ever that Turkish has carried over 60.000 tonnes.

For the first eleven months of 2014, Turkish’s cargo volume was up 19.0% to 609,000 tonnes. As is the case with Pactl, Turkish has already topped it’s full-year 2013 total, setting a full-year record before the year is even finished.

 

 

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