English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Record start to 2014 for ABC

PRESS RELEASE:

April 28, 2014: 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%.

AirBridgeCargo celebrated the 10th anniversary of its first commercial flight on 23rd April 2014. Its maiden flight in 2004 was between Moscow's Domodedovo airport and Beijing. ABC started as a Volga-Dnepr Group project and over its subsequent 10-year journey has earned its place among the world's major international cargo airlines.

When Volga-Dnepr Group launched ABC in 2004, it was the first Russian all-cargo scheduled airline. In those early days the airline operated a single B747-200 and served five destinations but now ABC is proud to operate a fleet of 12 Boeing 747 freighters (5 Boeing 747-8 and 7 Boeing 747-400), one of the youngest and most modern fleets in the air cargo industry, and serves 23 on-line destinations all over the world.

Its route network connects the largest cargo flows on Asia-Russia-Europe-USA tradelanes. By optimising its route network ABC offers its customers freight deliveries within 48 hours on almost all of its routes, an offer considered highly attractive by clients all over the world.

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. ABC is recognised as the air cargo leader in the Russian market with a market share of over 30% on major routes into Russia. For several years, ABC has also earned a leadership position on other routes all over the world.

ABC has delivered on its commitment to constantly finding ways to improve the airline's quality and performance results. On time performance of ABC services has been constantly improving over the decade which led to increase of its Delivered-As-Promised index. ABC is also adopting Cargo 2000's quality management system and has been accredited for meeting the international compliance standards of the IATA Operational Safety Audit (IOSA).

ABC today is an important part of Volga-Dnepr Group's 'cargo supermarket' portfolio and plays a significant role in the global air cargo market. Despite or possibly even due to the harsh economic market conditions, ABC has achieved year-on-year growth and development thanks to the hard work of its highly-skilled international team as well as its flexibility, open minded customer relationships and its continued drive to serve its client.

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."

ABC is targeted for another prosperous decade of its development with future plans of increasing modern freighter fleet, route network covering more countries in the world committed to provide further quality products to the clients who rely on ABC services and to the new potential customers.

More News

Written on 28/04/2017, 17:00
maersk-line-gets-go-ahead-to-purchase-hamburg-suedCOPENHAGEN: APRIL 28, 2017. Maersk Line is to go ahead with the purchase of Hamburg Süd for €3.7 billion in cash following Board approval by both...
Written on 26/04/2017, 19:33
miami-makes-more-of-pharma-freightMIAMI: April 26, 2017. MIA Pharma Hub partner LATAM Cargo has become the first airline in America to receive IATA's Center of Excellence for Independent...
Written on 26/04/2017, 18:40
india-s-largest-container-port-opensMARSEILLE/ AHMEDABAD: April 25, 2017. CMA CGM and the Adani Ports Special Economic Zone (APSEZ) are to operate India's latest and largest container...
Written on 26/04/2017, 14:07
qatar-airways-adds-two-more-u-s-destinationsDUBAI, UAE: April 24, 2017. Qatar Airways is to begin service to San Francisco and Las Vegas next year. Other additions to its network in 2018 will...
Written on 26/04/2017, 00:10
gothenburg-avoids-landfill-in-major-new-terminalGOTHENBURG: April 25, 2017. In its largest expansion project since the 1970s, the Port of Gothenburg is to build a 220,000 sq. mt. terminal at the outer...
Written on 25/04/2017, 20:54
waco-system-adds-azerbaijan-memberLONDON: April 24, 2017. Trans Global Projects (TGP) has joined the WACO System global forwarder network as a member for Azerbaijan. Founded in the UK as...
Written on 25/04/2017, 20:38
bahrain-airline-to-operate-new-boeing-conversionWILMINGTON, OH. April 25, 2017. Bahrain-based Texel Air is the launch customer for a new conversion program by Pemco World Air Services for the...
Written on 25/04/2017, 19:43
cma-cgm-begins-indonesia-u-s-west-coast-direct-serviceJAKARTA: April 23, 2017. The CMA CGM 'Otello' has become the largest container vessel to call at the Jakarta International Container Terminal (JICT) at...
Written on 25/04/2017, 17:13
pegasus-adds-four-russian-destinations-from-londonLONDON STANSTED: April 25, 2017. Pegasus Airlines is launching new B737-800 services from London Stansted to four destinations in Russia plus Abu Dhabi,...
Written on 25/04/2017, 16:26
jd-com-to-offer-smart-supply-chain-servicesBEIJING: April 25, 2017. JD.com, China's other online retailer, has launched JD Logistics to provide smart supply chain and logistics services to a wide...
Written on 21/04/2017, 15:35
walmart-launches-gigaton-elimination-goalBENTONVILLE, AR: April 20, 2017. Walmart has launched 'Project Gigaton' to encourage its suppliers to help eliminate one billion tonnes of greenhouse gas...
Written on 20/04/2017, 19:00
samskip-grows-perishables-businessROTTERDAM: April 20, 2017. Samskip is to acquire New Jersey-based freight forwarder Rimar Consultants to expand the perishables business of its U.S....
Written on 19/04/2017, 21:26
airbus-to-trial-autonomous-drone-with-singapore-postSINGAPORE: April 18, 2017. Airbus Helicopters and Singapore Post (SingPost) are to begin trials of the Airbus Skyways drone project at the National...
Written on 18/04/2017, 21:39
niledutch-uses-ai-for-predictive-logisticsSAN FRANCISCO/ROTTERDAM. April 18, 2017. Africa box carrier and breakbulk specialist NileDutch is to use ClearMetal AI and predictive logistics technology...
Written on 18/04/2017, 18:29
united-airlines-arrives-at-watershed-momentCHICAGO: April 17, 2017. United Airlines has reported a 69.3 percent drop in net income to US$96 million for the first quarter of 2017, on a 2.7 percent...
Written on 18/04/2017, 17:54
teamsters-reach-new-airline-agreementsPURCHASE, NY: April 17, 2017. Teamsters union flight dispatchers at Atlas Air and Polar Air Cargo have voted to extend their contract with the two...
Written on 13/04/2017, 14:25
not-your-usual-award-ceremonyAMSTERDAM: April 12, 2017. The Royal Schiphol Group has recognized its business partners who have distinguished themselves through innovative business...
Written on 12/04/2017, 20:51
deutsche-post-doubles-electric-mail-fleetBONN: April 11, 2017. Deutsche Post DHL is to expand production of its StreetScooter postal service electric van from 10,000 to 20,000 units in response...
Written on 12/04/2017, 19:07
delta-cargo-weathers-2017-first-quarterATLANTA: April 12, 2017. Delta Air Lines has reported a 36 percent fall in net income to US$603 million for the first quarter of 2017 compared to the...
Written on 11/04/2017, 20:50
russia-to-begin-all-weather-lng-shipping-via-northern-sea-routeSABETTA, Russia: April 11, 2017. The world's first ice-breaking LNG tanker, named after former Total head Christophe de Margerie, has berthed at Russia's...

- powered by Quickchilli.com -