Widebodies boost Aeroflot’s cargo takings

Aeroflot Group’s cargo revenue rose 37.2% year-on-year to RUB11.3bn as it added new wide-body aircraft to its fleet and cargo and mail volumes grew by 38.9%, it said in its financial report for the nine months ended September 30.
Total revenue, including passenger, increased to RUB 404.7bn, up 6.2% year-on-year, it added. However, rising fuel costs, which stablised only in the third quarter, as well increased staff costs meant that the financial result for the accounting period decreased.
A few days previously, in its October figures, the Group noted a 65.3% increase in international cargo and mail carried for the first ten months of the year, to 218,718 tonnes. Revenue cargo tonne kilometres were also up sharply, by 72.2%.

Share this story

Related Topics

Latest airlines news

MSC Air Cargo selects Hactl for Hong Kong handling

MSC Air Cargo has selected Hactl to provide cargo handling services on its recently launched flights to Hong Kong. The…

Read More

Share this story

Air cargo market records nine months of double-digit growth

August was the ninth consecutive month of double-digit year-on-year growth for the global air cargo market boosted by global trade…

Read More

Share this story

SAF leads the way for aviation emissions reduction but has its challenges

Air cargo and aviation in general generate a large amount of C02 emissions. The International Council on Clean Transportation estimates…

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.