AirBridgeCargo Airlines Q1 results

AirBridgeCargo Airlines (ABC) set a new quarterly tonnage record in the first three months of 2016, carrying over 132,000 tonnes of cargo across its international route network, a 27% increase year-on-year. The airline’s FTK’s rose by 23% in Q1. January 2016 saw ABC record year-on-year cargo volumes of 43,000 tonnes, while in February tonnage rose 15% over the same month in 2015 despite the impact on global trade caused by the Chinese new year and the extraordinary demand for capacity last year due to the strikes at U.S. ports. AirBridgeCargo’s latest figures for March continued the strong start to 2016