Air China sees air cargo traffic rise on international demand

Air China registered a 6.2% year-on-year improvement in revenue freight tonne kms (RFTKs) during the first half of the year thanks to its international routes.
The Chinese flag carrier handled 6.4bn RFTK during the first half of the year, while capacity increased by the lower amount of 1.9%.
This helped push its cargo load factor by 2.2 percentage points on the same period last year to 55.1%, while cargo yield increased by 12.7% on last year to RMB1.27.
The carrier said that it had improved the alignment between its carrier and cargo businesses during the period.
"In the first half of 2017, the global trade recovery accelerated with emerging signs of growth pick-up in the international transport market.
"However, domestic market growth was relatively slow amid China’s economic transformation. Air China Cargo has proactively transformed its business model, and continuously strengthened the passenger and cargo business alignment to steadily improved the load factor of bellyhold.
"The route structure has been optimised with better margin contribution. By levering its trunk routes advantage through resource sharing, new business initiatives progressed with pleasing results.
"These various measures have proactively addressed the challenging operating environment for the
cargo business to maintain profitability."
Read more cargo airline financial news

Share this story

Related Topics

Latest airlines news

K-Mile Asia to provide freighter flights for SF

By Damian Brett

Bangkok-based K-Mile Asia will provide charter flights between Thailand and China on behalf of express giant SF Express. The carrier…

Read More

Share this story

Avianca Cargo adds three service levels

By Damian Brett

Avianca Cargo has launched three service levels based on the speed of service required. The Latin American carrier’s three new…

Read More

Share this story

Air cargo rates continue to decline in November

By Damian Brett

Air cargo pricing on some of the world’s major trade lanes continued to decline in November, bucking usual seasonal trends….

Read More

Share this story