Latin America’s leader in air cargo transportation announced a significant increase in its operations in the Colombian and Peruvian markets. The expansion out of Colombia is expected to consolidate LATAM Cargo as a one of the main players in the region’s largest export market. Meanwhile the additional services into Bogota and Lima will boost the Company’s position in two strategic import markets.
LATAM Cargo Colombia plans to add 12 frequencies between Bogota and Miami and, as a consequence, the Company is expected to double its operations between Colombia and the Unites States. Import operations into Colombia will also expand as the Company will increase its freighter operations between Miami and Bogota to eight flights per week. The expansion in Colombia will take place gradually between September and December.
LATAM Cargo will also expand its operations into Peru significantly. In September, the Company will initiate freighter service from Miami to Lima with two flights per week. Additionally, in December LATAM Airlines Peru will upgrade its passenger service from Madrid to Lima from Boeing 767 to Boeing 787-9 aircraft, tripling its cargo capacity.
The growth of freighter operations will be possible thanks to the addition of two Boeing 767-300BCF, bringing LATAM Cargo Group’s fleet to 11 aircraft. While the first one joined LATAM Cargo Colombia’s fleet in July of this year, the second one is expected to start operations in December 2019.
“The expansion into Colombia and Peru is fully aligned with LATAM Cargo Group’s long-term network strategy. The new services to Bogota and Lima, and the expansion out of Colombia, will enable us to consolidate our network as the most comprehensive into South America. Combined with LATAM Group’s passenger network we plan to continue to provide our customers with more and better options to, from and within Latin America”, said Andres Bianchi, LATAM Cargo’s CEO.