LATAM Airlines cargo up 0.9 per cent

LATAM Airlines, the leading airline group in Latin America, says its cargo business increased by 0.9 per cent last year, even though capacity was reduced by 4.8 per cent in the period. 
As a consequence, the combined carrier’s cargo load factor increased by 3.2 points to 55.7 per cent.
The reduction in capacity was a result of a reduced freighter operation, in addition to decreased availability in the bellies of passenger aircraft, reflecting the challenging global cargo environment, says a company statement.