Pharma and e-commerce boost Virgin Atlantic cargo tonnage

Virgin Atlantic Cargo transported 230,500 tonnes of cargo last year, up 6% in comparison to its 2016 total – a five-year high.
On the back of the volume growth, Virgin Atlantic Cargo’s revenue rose 9% year on year to £199.6m.
In terms of verticals, perishables, high-value shipments, pharmaceuticals and e-commerce provided the biggest gains.
With regard to its pharmaceuticals traffic, Virgin Atlantic highlighted its new Heathrow Pharma Zone, a joint venture with US carrier Delta, which opened in October 2017 and contributed to a 20% rise in temperature-controlled life science and pharma shipments year on year – the transatlantic market being most significant.
As for e-commerce, the airline said its “high service levels and quick connections to major consumer markets in the US, the Middle East, China and Australia” boosted growth.
The carrier said its daily flights between London Heathrow and Seattle, launched in March last year, “performed above expectations and there were strong, double-digit gains in demand to other destinations across the US from both London and Manchester”. The US, of course, is a big pharma market.
Other areas that contributed to Virgin Atlantic’s cargo growth included India and Africa (both to and from the UK) as well as flights into the UK from China and the US.
Virgin Atlantic said it “also delivered growth in support of its longstanding cargo sales and management agreement with Virgin Australia, boosted by the launch of Virgin Australia’s Melbourne-Los Angeles services in April, and the addition of new, daily Melbourne-Hong Kong flights in November”.

Share this story

Related Topics

Latest airlines news

Korean Air and Vienna Airport partner on cargo

Korean Air has signed an agreement to strengthen its air cargo partnership with Vienna International Airport. The partnership aims to…

Read More

Share this story

Perishables lift Cathay Pacific cargo volumes in January

Perishables shipments helped to raise air cargo volumes at Cathay Pacific in January year on year. The airline carried 114,790…

Read More

Share this story

Etihad appoints Brun as vice president cargo

Etihad Airways has appointed senior Geodis airfreight specialist Stanislas Brun to the role of vice president cargo. Brun will be…

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.