“Difficult times call for CHARTER AND
FORWARDER
UPDATE
Intradco Global has been busy with PPE as well as
other types of cargo
A charter to fly
It’s been a busy few months for those
whose job it is to source capacity and
flights, writes the Editor.
This summer, IATA’s
statisticians crunched
the numbers and came
up with some (predictably)
bad news. Compared to 2019,
overall freight tonnages
carried were expected to drop
by 10.3m tonnes to settle
around 51m tonnes. Airlines,
in total, were expected to
lose US$84.3bn in 2020, for a
net profit margin of -20.1%.
Looking ahead, a notoriously
difficult operation, IATA
suggested that in 2021, losses
are expected to be cut to
US$15.8bn as revenues rise
to around US$598bn. That
said, there some in the sector
who believe that a return to
normality will not occur before
2021.
Focusing on the freight
sector, a shortage in cargo
capacity through the
unavailability of belly cargo on
parked-up passenger aircraft
was expected to push up rates
by around 30% for the year.
Cargo revenues, IATA believes,
will peak at US$110.8bn this
year (up, one should note,
from US$102.4bn in 2019).
Thus in terms of industry
revenues, cargo will contribute
approximately 26%, or over
double the figures posted in
2019.
A bright spot? Most
definitely. And it’s the charter
it transported 13,000 cartons
(totalling nearly 1,000 cubic
metres) of medical supplies
and PPE on board the Antonov
An-225.
The world’s largest aircraft
arrived at Toronto Pearson
International in June, having
flown from Tianjin Binhai
International, with fuel
stops at Chubu Centrair
International and Ted Stevens
Anchorage International.
This recent mission is
testament to the adaptability
that is so valuable right now.
Since 1987, Intradco Global
has made a name for itself
through chartering aircraft for
animal movements but now
the company is focused on
providing air cargo capacity for
critical PPE.
Charlie McMullen, Intradco
Global’s Director, commented
on the changing status quo.
and logistics specialists that
have been making the most of
the pandemic.
Adapting – and an Antonov
For the past century the
airfreight industry has
shouldered a responsibility for
a vital role within the global
economy. Keeping goods
moving is essential to the
growth and development of
markets and industries. Now
more so than ever before,
that sense of responsibility
has grown into a way of life.
Billions of people rely on the
airfreight industry for vital
medical supplies and for PPE
and companies have had to
adapt rapidly to ensure that
demand is being met.
A typical example has been
that of Intradco Global, which
in collaboration with GTA
GSM, completed a significant
charter operation in which
12 August 2020 www.airlogisticsinternational.com
/www.airlogisticsinternational.com