The airline attributed the Q1 2015 growth to new destinations and improved connectivity with its hub in Moscow, Russia.
AirBridgeCargo Airlines handled 103,816 tons of cargo in the first quarter of 2015, a 20 percent increase compared to the first quarter of 2015.
According to a statement from the airline, the growth can be attributed to new destinations and improved connectivity with its hub in Moscow, Russia. ABC currently operates scheduled flights to 26 destinations in 14 countries using its fleet of 14 Boeing 747 family aircrafts.
Denis Ilin, executive president of AirBridgeCargo, said of the results, “20 percent growth of tonnage and 28 percent growth of FTK is a solid first quarter performance. The successful teamwork and continuous implementation of our customer-based long-term strategy made it possible to achieve such good operating results. Our route network development is based upon a quick reaction to changing customer demand and our flexibility, together with the reliability of our service levels, has enabled us to gain their growing support. Adding more capacity at the beginning of 2015 allowed us to maintain and even improve our leading positions in our core markets in Europe, the U.S. and Asia by increasing frequencies out of these regions and opening new on-line stations. In January 2015 we started operations in Helsinki, and since the commencement of our summer schedule, we have also launched Los Angeles and Hanoi services ahead of our initial business plan targets.”
Looking forward, ABC plans to continue investing in its fleet, service quality, route network and workforce as part of its focus on cost management and process optimization.
AirBridgeCargo tonnage up 20%
