ABC started 2014 with a record first quarter for tonnage

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By TESTCustomwebLP TESTCustomwebLP April 28, 2014 14:46

ABC started 2014 with a record first quarter for tonnage

AirBridgeCargo Airlines (ABC), Russia’s largest cargo airline, has commenced its 10th anniversary year with the strongest first quarter in its history, with tonnage up nine per cent in Q1 to 86,500 tonnes.

ABC says its growth reflects market improvements in Russia, Europe, the Americas and Asia Pacific as well as the success of its own sales activities. Freight ton-kilometres in the first three months of 2014 rose by 13%, far exceeding the industry average of 4% growth in the months of January and February.

Load factor for Q1 was 71%, again considerably higher than the industry average.

Continuing its network growth in the first three months of 2014, ABC added Dallas, Leipzig and Malmo as new on-line destinations and increased its frequencies to and from Chicago. The additional operations strengthen ABC’s position in the European and North American air cargo markets. By adding new destinations and improving connectivity with its Moscow hub, ABC is able to offer an increased choice of routes and connections for its international customers.

The airline’s continued focus on improving its performance levels led to further gains in Q1, increasing its Delivered-As-Promised performance to 78%.

In 2013, AirBridgeCargo Airlines carried 340,000 tonnes and flew 2,609,000 FTKs, achieving an average load factor achieved of 72%, considerably above the industry average.

Denis Ilin, Executive President of AirBridgeCargo Airlines, said: “Today is a proud milestone for our company and a tribute to all of the members of the ABC team around the world and our parent Volga-Dnepr Group for enabling us to achieve our strategic goals over the first 10 years of our development. Most of all we say thank you to our customers for their support and trust in us. We value long-term partnerships and look forward to achieving further growth together.”

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By TESTCustomwebLP TESTCustomwebLP April 28, 2014 14:46
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