News / Interview: Avianca will blossom in South America even as air cargo demand wilts

Latin American air freight volumes have contracted in 26 of the last 28 months. Even as global air freight demand triggered a 14% rise in freight tonne km in March, Latin America bucked the trend, with a fall of 4.2%. Only North American carriers failed to reach double-digit growth in the month, rising 9.5%. Africa, which has tended to struggle along with South America, saw a 33.5% rise in freight volumes in March

But this pick-up in demand has left South ...