Latin America industry leaders to address air freight challenges, opportunities

Speakers who will be appearing on a Latin America-focused panel at the upcoming Cargo Facts Symposium see much to be optimistic about in the region – especially e-commerce, which has been a boon globally for the air freight industry – but also acknowledge challenges, both ongoing and imminent, that could have a negative impact on […]

Cargo growth continues in May results

May data arriving from the world’s big cargo carriers, airports, and handlers show that, with a couple of exceptions, growth in airfreight traffic has remained surprisingly strong despite increasingly tough year-over-year comparisons. While a couple of European outfits (Frankfurt Airport and Air France-KLM, in particular) posted y-o-y declines for the month, Asian operators that have […]

More mixed results in April

April data arriving from the world’s big cargo carriers, airports, and handlers suggests that the fall-off in demand growth exhibited in March was not a one-off, and that the more difficult year-over-year comparisons expected during 2018 are now materializing. With only a couple of exceptions, operators in the air cargo supply chain reported weaker growth, […]

Air Cargo recovery on the horizon for Latin America?

Politics may still be in a tailspin in parts of Latin America, but there are signs that after years of declining traffic, the air cargo market in the region is finally beginning to regain altitude. The Latin American and Caribbean Air Transport Association (ALTA) recently reported March intra-Latin American cargo traffic transported by carriers headquartered in the […]

LATAM to reduce freighter fleet.

Cargo traffic continues to fall at Chile-headquartered LATAM Airlines Group, which reported February traffic down 8.8% y-o-y to 260 million RTKs. LATAM’s January traffic, while slightly negative compared to the previous year, was at least less bad than what LATAM reported for most of 2016, but February’s decline is right in line with the full-year […]

Fresh flower shipments propel volumes in February

Today on Valentine’s Day, much of the air cargo industry has reason to celebrate. If not for the chalky, sugary, heart-shaped candies with sappy phrases inscribed on them, or for that special loved one, then definitely for the seasonal boost resulting from fresh-cut flower shipments across the globe. In celebration of Cargo Facts’ adoration for anything […]

LATAM outlines plans to cut freighters

Santiago-based LATAM Airlines’ cargo division had another rough quarter during 3Q16, and in response to the twin forces of overcapacity and persistently challenging market conditions, has outlined plans to further reduce its freighter fleet. From an operational standpoint, after eleven consecutive quarters of falling gross revenues, Santiago-based LATAM Airlines finally caught a break, with total […]
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