Tuesday, May 21, 2024

LATAM doubles losses and cargo keeps struggling

LATAM Airlines Group has doubled its losses to $219.2 million in 2015, and its cargo division has continued to struggle. Losses increased by 99.7 per cent from $109.8 million in 2014 to $219.2 billion in 2015. In the same time, total revenue fell by 18.8 per cent to $10.1 billion and cargo saw a 22.4 […]

GRU Airport to run incentive initiative to draw in cargo flights

Sao Paulo’s Guarulhos International Airport (GRU Airport) has started an incentive program and will now no longer have landing fees for cargo flights. The ‘GRU Incentives Program’ is for carriers operating routes between Guarulhos and countries in Africa, North America, Asia, Europe or Oceania. The airport says it is encourage new international cargo flights and expand business […]