Air cargo still flying high as capacity stays tight, but rates are slipping
It may be January, but faith in the air cargo sector continues to be high, ...
AirBridgeCargo Airlines (ABC) grew at a lower-than-market rate in 2018, with volumes up just 2% against IATA’s market average of 3.9%, (as measured in freight tonne km).
But the carrier said the low growth was due to stable capacity.
However, ABC saw 25% growth in special cargo, indicating that its growth in revenues and yields may be more impressive than its overall volume growth.
Pharmaceutical volumes went up by a significant 60% year on year, while dangerous goods rose 40%. Oversize and project ...
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