Executives to Watch: Ogiermann strives for Qatar’s transparency

Ulrich Ogiermann As head of cargo for Qatar Airways, Uli Ogiermann is quite familiar with rapid growth. The ascent of Qatar’s cargo arm under his leadership has been nothing short of meteoric, with the combination carrier rising from thirteenth place two years ago, to third place in 2016, in terms of cargo volumes carried. However, […]

Qatar Airways spurns Airbus, flirts with Boeing, buys into LATAM

Qatar Airways is having a busy week, as the Gulf-based carrier continues to grab the aviation sector’s attention at the Farnborough Airshow in the U.K. In addition to releasing its financials for the first time in a bid to suppress allegations of opacity and unfair subsidies, the carrier also signed an agreement today to buy […]

LATAM boosted fuel efficiency in ‘2015 Sustainability Report’

In an industry with a spotty environmental track record, to say the least, LATAM Airlines is apparently headed the right direction, based on its “2015 Sustainability Report,” published late last week. Over the course of 2015, LATAM was able to cut fuel consumption by 38.4 million gallons of jet fuel, equivalent to a 366,500-metric-tonne decrease […]

Beleaguered LATAM Cargo posts disappointing May numbers

LATAM Cargo’s May airfreight numbers reveal more disappointing news for the struggling South American carrier. Revenue tonne kilometers (RTKs) were down 11.9 percent, year-over-year, from 303 million in May 2015 to 267 million last month. Available tonne kilometers (ATKs) fell 6.7 percent, y-o-y, from 591 million in May 2015 to 552 million in 2016, but […]

LATAM Group to integrate cargo affiliates under one brand

Prior to the second half of this year, LATAM Group airlines will begin the process of integrating cargo affiliates LAN Cargo, TAM Cargo, LAN Cargo Colombia and MAS Air into one entity. When complete, the carrier will become the largest cargo airline in Latin America, operating as LATAM Cargo.   LATAM Cargo plans to make […]

LATAM Cargo continues to struggle

As the LATAM Airlines Group struggles with the poor economy in Brazil, the carrier reported a decrease of 26.8 percent in cargo revenue for the fourth quarter of 2015, due to a 13.4 percent decline in cargo traffic, and a 15. 4 percent decline in cargo yields, compared to Q4 2014. Additionally, a strike by […]

Valentine’s Day means a whole lot of flowers

As the roses and tropical flowers flow north from Latin America – particularly from Colombia and Ecuador – for Valentine’s Day,  UPS plans to move more than 100 million fragrant blossoms. That’s enough to fill approximately seventy 767 cargo aircraft. More than 90 percent of imported flowers will pass through Miami International Airport, where UPS […]

LATAM, AA, IAG seek new partnership

LATAM, American Airlines, British Airways and Iberia are shaking things up for 2016. LATAM – the newly rebranded entity comprised of Chile’s LAN Airlines and Brazil’s TAM Lineas Aéreas S.A. – said it will apply for antitrust immunity with the U.S. Department of Transportation and the relevant authorities in South America to form a joint […]

LATAM cargo takes a hit in December

In spite of the usual, end-of-year holiday surge, LATAM Airlines Group continued to report low cargo traffic for December 2015. The carrier said airfreight demand was particularly weak in Brazil in both domestic and international markets for the month. Weaker seasonal exports from Latin America didn’t help. Cargo traffic for the group decreased 11.2 percent […]

European General Court annuls EC cargo cartel fines

This may have been a stagnant year for cargo carriers, but at least nine of them may soon get a hefty Christmas present from the European General Court. In a rather surprising reversal, the court ruled against the European Commission on Wednesday, annulling nearly €800 million in fines that had been levied against the cargo […]

LATAM cargo limps through November

LATAM’s cargo traffic remained weak in November, in particular due to the continued poor performance of Brazil’s domestic and international markets. Brazil’s GDP barely grew in 2014, and it shrank by 4.5 percent in the third quarter of this year, compared to the same period 2014, per The Economist. It is expected to shrink by […]

Cargo traffic still down for LATAM group

While passenger travel is holding steady at the LATAM Group, cargo traffic continued to disappoint in September, especially in Brazilian domestic and international markets, according to preliminary results released last week by the carrier. RTK’s decreased 12.5 percent in September, y-o-y, with the load factor decreasing 6.6 points to 52.8 percent. The airline said it […]

LATAM cargo traffic continues to shrink

Cargo traffic for the Latin American carrier LATAM, and its subsidiaries, continued to be weak during August, especially in Brazil’s domestic and international markets. As a result, cargo traffic for LATAM Airlines Group decreased 12.9 percent in August, compared to the pervious year, from 344 million tonnes in 2014 to 299 million tonnes in 2015. […]

LATAM down in Q2 cargo revenue

Facing macroeconomic challenges, particularly from the weak Brazilian domestic market, the recently re-branded South American carrier LATAM saw cargo revenue decrease by 21.3 percent in the second quarter, driven by a 12.5 percent decline in cargo traffic and a 10.1 percent decline in cargo yields, as compared to Q2 in 2014. Cargo revenue for the […]
Page 4 of 5«12345 »