Airbridgecargo Airlines achieves 5% gain in tonnage in 2013

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 22, 2014 11:37

Airbridgecargo Airlines achieves 5% gain in tonnage in 2013

AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group and Russia’s largest cargo airline, achieved a 5% growth in cargo tonnage in 2013, with its highest ever volume of 340,000 tonnes across its network linking Europe, Russia, Asia and North America.

The airline reported volume growth on all of its major routes and this was matched by a 5% improvement in revenue. AirBridgeCargo’s Freight Ton-Kilometres (FTK) rose 15% in 2013, while its average load factor of 72% show a marginal 1.7% gain over the previous year.

Despite challenging market conditions in 2013, ABC continued with its long-term fleet modernisation strategy and took delivery of two more new generation freighters Boeing 747-8F. With the delivery of its fifth B747-8F in December 2013, AirBridgeCargo completed its fleet renewal plan which began two years ago. This investment has reduced the average age of its aircraft fleet from nine years at the end of 2011 to three years at the end of 2013. At present, ABC’s fleet is one of the youngest in the air cargo industry.

Denis Ilin, Executive President of AirBridgeCargo, said: “Striving for excellence in the face of a changing and challenging economic environment has made us better at what we do. Our young, modern fleet will allow us to further expand the routes and services we offer to customers and to maintain the quality of our product. Our customers greatly benefit from the additional features of the Boeing 747-8F, such as enhanced payload. Now we have the youngest freighter fleet in the industry and operate to the highest standards of environmental compliance.”

AirBridgeCargo took delivery of its first Boeing 747-8F in January 2012, with the second and third aircraft joining its fleet in March and December 2012. The fourth new generation freighter entered service with ABC in September last year. As part of the modernisation programme, ABC removed four older aircraft from its fleet; two Boeing 747-200F, one Boeing 747-300F and a Boeing 747-400ERF. A further 747-400ERF will leave its fleet in 2014.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 22, 2014 11:37
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fcargo%2Fairbridgecargo-airlines-achieves-5-gain-in-tonnage-in-2013%2F"> registered </a> users can comment.