Jun 2, 2017: AirBridgeCargo Airlines (ABC), the largest Russian cargo airline and part of Volga-Dnepr Group strengthened its position as one of the world’s fastest-growing all-cargo airlines with a 17 percent increase in volume in the first quarter of 2017 to 158,000 tonnes. ABC’s load factor also rose year-on-year to 70 percent for the first months of 2017.
The arrival of the airline’s tenth new Boeing 747-8 Freighter in March, increasing its total 747 fleet to 17 aircraft, contributed to a 7 percent increase in frequencies network-wide.
AirBridgeCargo’s decision to continue increasing its network in Asia, coupled with market growth, saw its tonnage rise 19 percent 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 latest route to Taipei. It provides 747F services to and from Tokyo, Seoul, Singapore, Hanoi, Taipei, Phnom Penh, Hong Kong, Shanghai, Beijing, Chengdu, Chongqing and Zhengzhou.
High demand for exports from Europe enabled AirBridgeCargo to grow its tonnage from the region by 22 percent in the first quarter 2017 with expansion on all of its routes, particularly to Asia which recorded a 24 percent rise in tonnage over the same three months of 2016. ABC’s services to and from North America also grew constantly. The airline now operates up to 30 flights a week on its routes serving Atlanta, Chicago, Dallas, Houston, Los Angeles and Seattle.
Products requiring unusual managing procedures were among those with the top rate of growth in the first three months of this year. In particular, the airline saw pharmaceutical shipments increase by 70 percent while demand for its off-size cargo service rose by 15 percent.
Sergey Lazarev, general director of AirBridgeCargo, 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 order to be able to deliver it, we are also ensuring that our organizational structure and communications are aligned accordingly. We will continue to stay in close contact with our customers to provide the network services and product solutions they require, and this will be supported by further growth of our fleet and more focus on carrying special cargoes.”
PHOTO: AirBridgeCargo Airlines