Chinese airline, Air China Cargo has reported increasing figures during the first half of 2015, as revenues freight tonne km went up by 23.5% y-o-y to 3,166m and the load factor rose 0.47 percentage points to 54.41%. The cargo yield was RMB1.11, a year-on-year increase with 0.20%.
In a statement Air China said that the cargo division was “able to continue to optimize its route structure after completing the replacement of its fleet for US and European routes”. “The round-the-world route operated smoothly with a steady increase in cargo volume for the US to Europe sector. We have continued to upgrade our product range by adding very competitive high value-added and transit products.
“In the first half, Air China Cargo achieved profit of RMB108m, representing a turnaround of RMB239m. By enhancing our sales management, we have made use of passenger-cargo combination operation to achieve complementary advantages.”
The last B777F ordered by Air China Cargo will be delivered this year, making it the largest cargo airline in China. Air China Cargo’s current freighter fleet consists of seven Boeing 777Fs, three Boeing 747-400Fs, and four Boeing 757-200SFs.