In its tenth year of doing business, AirBridgeCargo (ABC), the scheduled-service subsidiary of the Volga-Dnepr Group, carried a record 401,000 tonnes of cargo in 2014, which is a 17.6 percent increase year-over-year.
Investing in improvements at its main hub in Moscow, and reacting quickly to market changes, ABC averaged a load factor of 72.6 percent, which is above the industry standard. By adding an additional 747-8 freighter, ABC’s fleet now stands at 13 – 747 freighters, which includes six -8Fs.
ABC also added new routes to Dallas/Ft. Worth, Leipzig, Munich, Basel and Malmo, while adding frequencies to Chicago, Milan, Amsterdam, Hong Kong, Shanghai, Tokyo and Seoul. ABC offers 218 scheduled freighter flights a week to 11 countries and more than 400 connections, with a delivery time within 48 hours on most of its origin-destination pairs via the Moscow hub.
“Thanks to this growing support, ABC has been able to grow consistently with a compound growth rate of 11 percent over the last five years,” said Denis Ilin, ABC’s executive president. He said the company aims to further increase its network with additional destinations to support smaller, niche or even short-term project business opportunities.
“The geographic location of our hub in Moscow positions us perfectly to introduce services to literally any point in Europe and beyond. The global market will remain challenging in 2015 but I look forward with confidence that we will keep pace with the demand and opportunities that exist for us,” Ilin added.