All LATAM Cargo articles – Page 5
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News
LATAM Cargo revenues slide as economic uncertainty takes its toll
LATAM Cargo saw its revenues decline the second quarter of the year, partly as a result of weaker demand in South America.The Santiago-headquartered airline reported a 10.2% year-on-year decline in second quarter cargo revenues to $269.3m.Cargo volumes, meanwhile, declined by 4.6% compared with a year ago to 220,000 tonnes, but ...
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NewsLATAM Cargo targets pharma and automotive with new Copenhagen freighter
LATAM Cargo and Copenhagen Airport's teamLATAM Cargo has become the first cargo airline to offer a direct service between Scandinavia and Latin America by adding Copenhagen as a new destination to its network.The airline said the new weekly route cuts transit times by up to 48 hours by reducing the ...
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NewsLATAM Cargo extends pharma options
Latin American carrier LATAM Cargo has signed a deal with CSafe Global, a provider of active and passive temperature-controlled packaging solutions, to offer more options to customers shipping temperature-sensitive pharmaceuticals.“CSafe containers offer cutting-edge technology that will continue to strengthen our Pharma Active product,” explains product development senior manager for LATAM ...
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NewsLATAM Cargo's flying felines
LATAM Cargo has transported five big cats from Argentina to South Africa in a move coordinated by freight forwarder Newport Cargo.The two lions, one lioness and two tigresses had been living in a decommissioned zoo in Santiago del Estero; their 70-hour journey took them to Ubuntu Wildlife Sanctuary and Drakenstein ...
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NewsLATAM sees declining cargo traffic in first quarter
Reporting its first-quarter operating results last week (the period ending 31 March), South American carrier LATAM revealed that cargo revenues fell by 10.9% year on year, down to US$263.5m, driven by a 12.6% decline in cargo yields – although this fall was partially offset by an increase of 1.3 percentage ...
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News
Mama Mia here we flow[er] again for Mother's Day
LATAM Cargo transported more than 7,400 tons of fresh flowers from Latin America for International Mother's Day on May 12 .In the three weeks prior to Mother's Day the demand for flowers increased by close to 90%, marking the peak of the flower export season after Valentine's Day.LATAM Cargo carried ...
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NewslATAM Cargo continues US expansion with Chicago freighter
Andrés Bianchi (left) and Gabriel OlivaLATAM Cargo has continued its expansion in North America with the addition of a freighter service between Chicago and Campinas that will slash transport times.The Chile-headquartered airline said the twice-weekly B767-300F service, with each flight offering 50 tonnes of capacity, will cut transport times to ...
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News
Lufthansa Cargo and AF KLM Cargo lead the way for digital connectivity
Lufthansa Cargo and Air France KLM Cargo have been rated as the best carriers for digital connectivity, according to a new report from online marketplace Freightos.Freightos created a specific methodology to assess the progress made by air (and ocean) cargo carriers on digitalisation, applying 26 parameters across three categories to ...
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News
LATAM to offload stake in cargo airline Mas Air
LATAM airlines has reached a preliminary agreement for the sale of its stake in Aerotransportes Mas de Carga (Mas Air), also known as LATAM Cargo Mexico, for an undisclosed sum.The stake will be purchased by a group led by current shareholders of Mas Air, with the deal expected to be ...
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News
LATAM Cargo spreads its wings in Europe as it looks to avoid airport congestion
LATAM Cargo has added new B767 freighter services from South America to Brussels and Madrid in order to meet growing demand and avoid congestion at European airports.The airline said that following the launch of the new services it will offer calls at four European airport destinations instead of two previously ...
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News
LATAM revenues rise
LATAM Airlines Group has revealed the first annual revenue expansion since the combination of LAN and TAM in 2011, reporting a year-on-year rise in revenues of 6.7% to $10,163.8m for 2017.Cargo activity contributed 11% ($1,119.4m) of the total operating revenue for the year.Statistics for 2017 as compared to 2016 showed ...
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News
Atlas buys B777 freighter pair from LATAM
US-based aircraft lessor Atlas Air Worldwide Holdings has acquired two Boeing 777-200 freighters from LATAM Airlines, South America’s biggest cargo airline.Both aircraft will operate in ACMI (aircraft, crew, maintenance and insurance) service for DHL Express through Atlas’ Southern Air subsidiary, with the first starting service this month (March) and the ...
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News
LATAM achieves CEIV for Miami handling operation
LATAM Cargo has achieved CEIV certification for its handling operations in Miami, following on from gaining the validation for its airline operations last year.The Chile-based airline said the achievement is the result of a joint and co-ordinated effort of different departments across the company and ensures its commitment to become ...
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News
LATAM cargo revenues in first rise for four years, but yields edge down
LATAM Airlines Group saw third quarter 2017 airfreight revenues rise by 2.5% to $272.2m, the first cargo revenue increase in four years.The revenue rise in the three months ending September was driven by a 3.5% increase in cargo traffic, although cargo yields “declined slightly” by 1.0% over same period prior ...
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News
LATAM flies relief cargo to Puerto Rico
LATAM Cargo, South America’s biggest cargo airline, has flown more than 40 tons of water, food, generators, medicine and other aid from Miami to Puerto Rico as part of the humanitarian aid effort launched in the wake of Hurricane Maria and the devastation it caused to the island in September.The ...
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NewsAmericas cargo monthly: LATAM cargo on the up
The LATAM Group saw cargo demand take off in August, while US carriers continued their impressive run of formSantiago-headquartered LATAM Group registered a 7% year-on-year improvement in cargo traffic in August to 291m revenue tonne km.This is the largest year-on-year percentage improvement recorded by the carrier group since April 2013.The ...
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News
LATAM and American's expanded codeshare agreement gains approval in Brazil
LATAM’s expanded cargo and passenger partnership with American Airlines has taken a major step forward after gaining approval from Brazil’s competition authority.The joint business agreement (JBA) was approved by the General Superintendence of the Administrative Council for Economic Defense (CADE) earlier this week and follows approval in March for a ...
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News
LATAM's quarterly cargo traffic improves for first time since 2013
Quarterly air cargo traffic at the LATAM Group increased for the first time since 2013 during the second quarter of the year as imports into Brazil began to pick up.The Santiago-headquartered airline group registered a 0.3% year-on-year increase in cargo traffic to 799m revenue tonne kms (RTK).While the increase may ...
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NewsAmerican Cargo Monthly: LATAM finally registers a demand improvement
LATAM Cargo has reported a year-on-year improvement in its monthly traffic for the first time in two-and-a-half years, while US carriers continue to see improving monthly figures.The Santiago-headquartered airline saw cargo traffic during May increase by 1.3% year on year to reach 271m revenue tonne km (FTK).Click on the chart ...
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News
LATAM ready to practice CEIV shipping
LATAM has become the first airline in the Americas to obtain CEIV Pharma certification following a successful IATA audit, announced at the Air Cargo Europe Exhibition.Receiving the certificate from IATA’s global head of cargo Glyn Hughes, LATAM Cargo chief executive, Andres Bianchi, said: “This certification demonstrates the quality and consistency ...