LATAM Cargo gets Wipro’s CROAMIS for digital transformation

Leading cargo carrier of Latin America LATAM Cargo gets Wipro’s next generation CROAMIS information technology system for the carrier’s total digital transformation. Wipro’s CROAMIS automates end-to-end air cargo processes and will equip LATAM Cargo with the most sophisticated end-to-end air cargo management system in Latin America. The new system will be implemented gradually and is […]

LATAM Cargo from South America is as of now new BARIG member

The South American cargo airline LATAM Cargo, the cargo division of the Chilean-Brazilian LATAM Airlines Group, has been welcomed as new member to the Board of Airline Representatives in Germany (BARIG), which represents the interests of around 100 national and international airlines. As largest airline in Latin America, LATAM Cargo operates a network of over […]

Latin recovery fails to save Viracopos airport as operator files for bankruptcy

Air cargo in Latin America has been on the rebound, but the renewed momentum has not lifted the fortunes of Brazil"™s second-largest gateway enough to avert a crisis. On May 7, the operator of Sao Paulo"™s Viracopos airport (VCP) filed for bankruptcy protection, struggling with a debt load of BRL2.88bn ($847m). The filing came in […]

Emirates more than doubles profit

Gulf juggernaut Emirates more than doubled its profit to $US762 million in 2017-18 despite competitive pressures, political instability, and rising oil prices. The world"™s biggest international carrier benefitted from the weaker US dollar as well as the surge in the cargo industry as revenue rose 9 percent to $US25.2 billion. Passenger numbers rose 4 percent […]

Brazil’s Viracopos airport operator files for bankruptcy protection

A company set up to operator Brazil"™s Viracopos airport filed for protection from creditors on Monday, according to a securities filing, but assured that operations at the major cargo hub will remain normal. Aeroportos Brasil SA, which in 2012 won the concession for a 51 percent stake in the Viracopos airport, is jointly owned by […]

Resultados financieros de IAG Cargo del primer trimestre de 2018

IAG Cargo ha presentado hoy sus resultados financieros del primer trimestre de 2018, en el que ha registrado unos ingresos comerciales de €276 millones de euros entre el 1 de enero y el 31 de marzo de 2018, lo que supone un incremento del 10.9% en comparación con el mismo periodo de 2017 a tipos […]

IATA: CEIV Pharma "“ What Is It?

Pharmaceuticals are represent an ever growing and profitable segment of the air cargo supply chain. Although they account for only 1.9% of volume shipped by air, in 2017 they contributed US$ 1.4 billion to airline cargo revenues while representing 9.4% of the value of goods shipped by air. "Due to changing regulations, strict compliance requirements […]

IATA study reveals pharma contributes to 1.9% volume of air cargo

Pharmaceutical sector has posted a volume of 1.9 percent of all air cargo flown by air contributing to 2.6 percent of total airline cargo revenue i.e. $1.4 billion, an IATA study reveals. The biggest export and import market "“ US showed a growth of 2.1 percent per year of pharmaceuticals shipped by air compared to […]

Iata warns against Heathrow night-flight ban

The UK"™s economic competitiveness would be seriously damaged by a total ban on night flights at Heathrow, Iata warned. Important export industries and regional growth would both be affected, according to the airline trade body. Iata said early morning arrivals were "vital for passenger"™ business connections into London and the UK region". "Early morning arrivals […]