Changes in Latitude: Latin America’s economy reverses years of cargo stagnation

Ten pallets of papayas are sitting in an industrial-sized refrigerator in one of the cool-chain facilities at Rio de Janeiro-Galeão International Airport (GIG), awaiting the green light from customs to be loaded onto the belly of a Los Angeles-bound widebody. Upon arrival in LAX, the prized fruits will be offloaded and transferred to another aircraft, […]
  • Nina Chamlou
  • July 5, 2018

LATAM Cargo begins end-to-end digitalization of its systems

Today, LATAM Cargo launched a project to replace its current cargo management systems that will enable customers to manage end-to-end processes, including tracking, booking, claims and rates through a digital portal. The Chilean carrier has employed Indian IT company Wipro to implement its existing operations management software, CROAMIS – a process that will be completed […]
  • Nina Chamlou
  • June 14, 2018

LATAM Cargo expands European freighter service

LATAM Cargo rearranged and increased its main-deck cargo services between Western Europe and South America, to accommodate growth in air freight demand, particularly in pharmaceuticals, as well as “the need to provide alternatives to avoid the rising congestion levels at European airports.” The carrier now offers five weekly 767-300F frequencies from Europe to South America, […]
  • David Harris
  • April 12, 2018

Top 5 cool chain innovations making a difference in supply chain quality

With the value of the temperature-sensitive pharmaceutical market topping US$1 trillion dollars, air cargo handlers are searching for the best way to ensure that these commodities are kept at a very specific, narrow temperature range during their journey in the air, and especially on the ground, where the risk is highest for a temperature incursion […]
  • Randy Woods
  • February 28, 2018

Flower power delivers sweet Valentine’s Day for carriers

Chalk up two more carriers looking forward to a happy Valentine’s Day this week, as Luxembourg-based Cargolux added an extra 1,200 tonnes of capacity to its 20 weekly flights out of Nairobi, Quito and Bogota. Meanwhile, LATAM Cargo reported shipping more than 9,500 tons of flowers in the four weeks leading up to tomorrow’s holiday. […]
  • Caryn Livingston
  • February 13, 2018

ALTA’s 2017 Latin American airfreight numbers still in red, despite October uptick

The Latin American and Caribbean Air Transport Association’s (ALTA) October airfreight traffic to/from the region ticked up 2 percent year-over-year, but with year-to-date volumes still down by 0.7 percent, it remains to be seen if the year’s net will make it out of the red. The largest share of that cargo – just under 50 […]
  • Lewis King
  • December 11, 2017

LATAM ends streak of 19 consecutive quarterly revenue losses with Q3 spike

The good news is finally in for LATAM Cargo, which overturned a spate of poor quarterly performance to post cargo revenues up 2.5 percent to US$272.2 million for the third quarter – the first year-on-year quarterly increase since Q2 2013. Cargo traffic, measured in revenue tonne kilometers (RTKs), grew 3.5 percent over the quarter. The […]
  • Lewis King
  • November 16, 2017

More dismal numbers from LATAM Cargo as RTKs slide

If there’s a “Latin America turnaround” happening, it sure didn’t manifest itself in LATAM Cargo’s books in the month of October, as the struggling cargo operator’s revenue tonne kilometers (RTKs) fell 2.9 percent, dragging the year-to-date total down to 1.5 percent. LATAM Cargo is also cutting capacity, with year-over-year available tonne kilometers down 3.9 percent […]
  • Lewis King
  • November 13, 2017

Qatar Airways investments equal nearly 10 percent of Cathay Pacific ownership

Expanding its reach into the Asia-Pacific region, Qatar Airways agreed to purchase shares amounting to about 9.6 percent ownership in Hong Kong-based Cathay Pacific Airways. Cathay Pacific, like Qatar Airways, belongs to the oneworld global airline alliance. According to Reuters, Qatar Airways bought roughly 378 million of Cathay Pacific’s shares from Hong Kong’s Kingboard Chemical […]
  • Caryn Livingston
  • November 6, 2017

LATAM Cargo’s ‘Solidarity Plane’ delivers aid to Puerto Rico

LATAM Cargo transported more than 40 tonnes of disaster relief supplies from Miami to Puerto Rico, which is still struggling to recover from the devastation of Hurricane Maria more than a month after the Category 4 storm hit on Sept. 20. The humanitarian aid came aboard a 767 freighter through LATAM’s “Solidarity Plane” initiative, which […]
  • Caryn Livingston
  • October 26, 2017

Five months and counting: Is LATAM Cargo out of the woods?

LATAM Cargo has extended its winning streak to five months, posting a 2.3 percent increase in revenue tonne kilometers (RTKs), year-over-year, to 285 million in the month of September. But with the year-to-date average still down 1.3 percent overall, LATAM Cargo’s ledgers still carry the weight of years of regional downturn. September also saw LATAM […]
  • Lewis King
  • October 11, 2017

LATAM Cargo posts stronger August numbers, but still down for 2017

LATAM Airlines Cargo reported its fourth straight month of gains in revenue tonne kilometers (RTKs) for August. However, the beleaguered Chilean carrier’s RTKs, year-to-date, are still lower compared with the same period in 2016, as struggling Latin American economies weighed on cargo volumes in the region during the first half of 2017. LATAM Cargo reported […]
  • Caryn Livingston
  • September 22, 2017

LATAM Cargo fails to capture Latin American cargo upswing

Latin American economies are turning the corner, at least if airfreight is any indicator, yet beleaguered LATAM can’t seem to catch the momentum, posting a meager 0.8 percent year-over-year  growth in revenue tonne kilometers (RTKs) in July. LATAM’s strategy of cutting capacity in the face of dwindling demand for its cargo product seems to be […]
  • Lewis King
  • August 14, 2017

Qatar Airways to expand Latin America with cargo-friendly flights

While it still struggles with a Saudi-led boycott of trade with several Middle East nations, Qatar Airways is looking elsewhere and following through on its planned expansion of operations in Latin America. The Doha-based carrier announced plans to offer passenger flights on cargo-friendly A350-900 widebodies from Doha to Rio de Janeiro and Santiago, beginning next […]
  • Caryn Livingston
  • August 9, 2017
Page 1 of 41234