AirBridgeCargo records 17% volume growth in Q1

AirBridgeCargo Airlines (ABC) recorded a volume improvement of 17% during the first quarter of the year as the carrier continued to expand its network and benefited from market growth.
The carrier saw volumes for the three month period reach 158,000 tonnes, while its load factor touched 70%.
ABC has been busy expanding its fleet and network over the last year and in March took delivery of its tenth Boeing 747-8 freighter, increasing its B747 fleet to 17 aircraft. The fleet expansion led to a 7% jump in frequencies network-wide, ABC said.
Sergey Lazarev, general director, ABC, said: “Our growth in the first quarter of 2017 is a combination of several factors. Firstly, we are enjoying general market improvement, but we are also seeing the benefits of our product development strategy, which has been implemented to ensure we comply with our customers’ expectations."
In Asia, ABC’s increased network, coupled with market growth, saw its tonnage rise 19% from the region in the quarter.
Over the last two years, ABC has been consistently developing its network in the region, most recently in April launching its newest route to Taipei.
It provides B747F services to and from Tokyo, Seoul, Singapore, Hanoi, Taipei, Phnom Penh, Hong Kong, Shanghai, Beijing, Chengdu, Chongqing and Zhengzhou.
From Europe, the scheduled arm of Volga-Dnepr increased tonnage by 22% year on year in the first quarter with growth on all of its routes, notably to Asia which recorded a 24% rise in tonnage over the same three months of 2016.
ABC’s services to and from North America also continued to grow. The airline now operates up to 30 flights a week on its routes serving Atlanta, Chicago, Dallas, Houston, Los Angeles and Seattle.  
"Products requiring special handling procedures were among those with the highest rate of growth in the first three months of this year," ABC said. "In particular, the airline saw pharmaceutical shipments increase by 70%, while demand for its off-size cargo service rose by 15%."

Share this story

Related Topics

Latest airlines news

SF Airlines launches Ezhou-Budapest air cargo route

SF Airlines has launched an air cargo route linking Ezhou Huahu Airport in central China’s Hubei Province with Budapest International…

Read More

Share this story

Korean picks Air Incheon as preferred Asiana cargo bidder

Air Incheon has been named as the preferred bidder for the sale of Asiana Airlines’ cargo business as part of…

Read More

Share this story

Lufthansa Cargo launches freighter flights from Munich

Lufthansa Cargo will expand its regional freighter network in July with the addition of flights from Munich Airport for the…

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.