LATAM sees dip in Q2 cargo traffic, revenue

LATAM Airlines’ cargo traffic declined 2.9% y-o-y during the second quarter to 849 million freight tonne kilometers (FTKs), leading to a 10.2% y-o-y decline in cargo revenue to US$269.3 million, the company said today during its earnings call. LATAM said that these figures were particularly impacted by the sale of the company’s former subsidiary MasAir in the second half of […]
  • Chelsea Toczauer
  • August 14, 2019

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