LATAM Cargo opens Easter Island facility, overall group volumes up 6.9%

LATAM Cargo

Latam Cargo has inaugurated its renovated cargo operations warehouse on Easter island, aimed at improving cargo delivery and reception times.

After almost a year of remodelling, the company unveiled the structural changes introduced to increase and upgrade its cargo service. The changes focused on enhancing the experience of the customers and Easter Island inhabitants who utilise its cargo services, while protecting the cargo transported, the carrier says.

“Every day, our team strives to provide a level of service that is up to the needs of the community. This new infrastructure confirms our commitment to that goal,” LATAM Cargo Group’s director of Handling and Ground Operations, Matias Herceg Llodra says.

Specifically, a new warehouse was built to increase storage capacity and improve cargo delivery and reception times thanks to a more efficient architectural design.

To mitigate the congestion on the street that leads to the warehouse, a customer yard was paved and implemented so that customers can bring in their vehicles, leaving the street clear for traffic.

A number of other changes were introduced to enhance the level of service, such as the new maintenance shed gate, the relocation of the fuel tank, and improvements to the racks and electrical system.

Meanwhile, LATAM Cargo saw revenues and volumes improve in the third quarter of the year, driven by salmon exports from Chile.

The Chile-headquartered carrier saw total cargo revenues for the quarter of USD 279 million, up 2.5 per cent year-on-year, while cargo traffic improved by the same amount on a year earlier to 875 million revenue tonne kms (RTKs).

Overall the first nine months of the year saw revenues grow 11.8 per cent while cargo volumes are up 6.9 per cent. Capacity was up by 3.9 per cent during the third-quarter period, putting pressure on the carrier’s load factor. LATAM Cargo operates 10 B767-300Fs in addition to the belly capacity of passenger aircraft in the group.

“Cargo yields remained flat, while load factor reached 53.5 per cent, a decrease of 0.7 points compared to the third quarter 2017,” LATAM adds.

“Export markets continue to show an improvement year-over-year, driven by salmon exports from Chile. This was partially offset by a decline in the import markets driven by the weaker currencies in Brazil and Argentina. As a result, cargo revenues per available tonne km declined by 1.4 per cent in comparison to the same quarter of the previous year.”

Summary
LATAM Cargo opens Easter Island facility, overall group volumes up 6.9%
Article Name
LATAM Cargo opens Easter Island facility, overall group volumes up 6.9%
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Latam Cargo has inaugurated its renovated cargo operations warehouse on Easter island, aimed at improving cargo delivery and reception times.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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