Salmon demand boosts Chilean airline

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LATAM’s cargo traffic was saved by salmon exports.

The Sanitiago-headquartered carrier, which operates 10 B767-300Fs, reported that cargo traffic increased by 6.9% compared to the same period in 2017 according to Air Cargo News.

The airline said that salmon exports from the region had helped keep volumes growing in the third quarter.

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

“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% in comparison to the same quarter of the previous year.”

*Ratio of average energy demand (load) to the maximum demand (peak load) during a period.