NEWS
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LATAM Cargo quarterly revenue falls 23.2pc to US$355 million
LATAM Airlines Group cargo revenues decreased by 23.2 per cent year on year in the second quarter to reach US$355 million while capacity grew, and southbound demand to South America declined.Nonetheless, the Santiago-based carrier noted that cargo revenues outperformed the equivalent pre-Covid fi...
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Philippines air carriers cargo up 10pc more in first quarter year on year
CEBU Pacific topped of Philippines air carriers carrying the most cargo volume for the first quarter of 2023, reports Manila's Port Calls.Of the eight reporting local carriers, five saw double- and triple-digit year-on-year growth as airlines continued to boost their flights this year with Ce...
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Korean Air cargo Q2 sales fall 56pc to US$355m as belly holds open
KOREAN AIR cargo second quarter revenue fell 56 per cent year on year to US$748.8 million, indicating how a weak the Asian air freight market has become.The recovery of travel demand boosted total revenue to $2.7 billion, but the cargo business was hit by increased capacity offered by the return ...
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