Network reached 144 destinations in 22 countries as of October and is expected to close 2022 with a global operation footprint of more than 85% compared to 2019. The group emerges with over US$2.2 billion of liquidity and approximately US$3.6 billion less debt as compared to pre-filing period. Santiago, November 3, 2022 – LATAM group, […]
1. In the second half of 2022, LATAM Cargo announced a significant expansion of its transatlantic freighter business, nearly doubling capacity between European and U.S.A destinations, as well as improved connection to Central and South America through New York and Miami. Could you elaborate on your cargo plans and by when should we anticipate the […]
Interview with CargoForwarder Global The South American carrier has ambitious fleet and route plans to become the cargo airline of choice for its customers. They go hand in hand with efforts to further reduce the carbon footprint, embarke in circular economy and additional steps to digitalize the cargo business including door to door in domestic […]
*Published in Cargo Forwarder Global. Read the original article here. Winds have lately changed in the Latin American cargo landscape. Most sub-markets are growing again, leaving the long drought slowly behind. Particularly Brazil, the largest economy south of the Rio Grande, is picking up speed, despite ongoing political turmoil. A market drop of close to […]
Latin America based major carrier LATAM Cargo has added new FLEX product to its portfolio of services last year to ensure consistent delivery throughout their entire international network. Cristián Ureta, CEO of LATAM Cargo, analyses the rationale for launching this new product strategy and the potential markets the airline company is looking at to expand in the coming years.
Fast service will continue to be the biggest appeal in the air cargo industry, but its cost, associated with fuel, and the restrictions and regulations, specially those related to security, have reduced its advantages.
Following the association between LAN and TAM, there have been significant achievements in the domestic market in Brazil, among the most notable being infrastructure improvements, increased access to cargo space on passenger aircraft, TAM Cargo freighter operations and an extensive range of products and services. Domestic and International Market TAM Cargo has a 58% share […]
