AirBridgeCargo sees cargo volumes increase by 2% in 2018

AirBridgeCargo recorded a 2% increase in cargo volumes to more than 700,000 tonnes in 2018 driven by growth in special cargoes and additional destinations.
The airline saw its volumes of special commodities increase by over 25% in 2018. Pharma volumes increased by more than 60% year on year, dangerous goods shipments using the airline’s ‘abc DG’ product rose by 40%, its abc XL demand for oversize and heavy cargoes increased by over 20% versus 2017, and e-commerce business delivered via AirBridgeCargo’s abc e-com product was up 6%.
The airline said that the increase is also attributed to the introduction of new destinations, notably Ho Chi Minh City, Shenzhen, Budapest, and Columbus.
Looking ahead, the airline is positive about the coming 12 months.
Sergey Lazarev, general director of AirBridgeCargo Airlines, said: “2019 will be an exceptional year for ABC – the year of our 15th anniversary – and we are delighted to achieve another company milestone supported by the consistent results of 2018.
"New challenges are ahead of us, but that’s what makes the air cargo industry an exciting place to be. We are all set and ready for new plans and accomplishments as we continue to follow our growth strategy."
One of the main areas for further progress this year will lie in the development of digital solutions for  customers.
The airline has invested in equipment to improve the monitoring of a cargo’s condition – temperature logger, shocking sensors, Bluetooth transmitting devices – and partnered with companies, such as Unilode and SITAONAIR, to guarantee 100% traceability of shipments and continue the move towards an ‘Internet of Things’ platform.
The 2% increase recorded last year lags behind growth of 13% in 2017 in line with an overall market slowdown.

Read more freighter operator news

Sign up to receive Air Cargo News direct to your inbox for free

Share this story

Related Topics

Latest freighter operator news

Lufthansa Cargo adds Riga freighter flights

Lufthansa Cargo has launched regular freighter flights to Riga Airport to meet demand from manufacturers and importers in Latvia. The…

Read More

Share this story

Pacific Air Cargo reassures shippers as Aloha ends LA-Honolulu route

Freighter operator Pacific Air Cargo (PAC) has said it can expand capacity on its Los Angeles (LAX)-Honolulu (HNL) flight after…

Read More

Share this story

ATSG expands Amazon flying after a difficult Q1

ATSG yesterday announced it will operate an additional 10 Boeing 767 freighters on behalf of Amazon Air but also reported…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.