Page 27 - The STAT Trade Times August 2024 for Website

he Latin American air cargo fied lithium reserves are located in Latin
market plays a crucial role in the America, with Bolivia, Argentina, and Chile
region's economic landscape, forming the "lithium triangle."
Tserving as a vital link in global This concentration of critical mineral
supply chains and facilitating trade both resources, particularly lithium, pre-
within the continent and with the rest of sents a significant opportunity for the
the world. According to IATA’s June 2024 Latin American air cargo industry. The air
air cargo market analysis, Latin America freight sector's ability to connect remote
saw a 13.1% rise in air cargo demand mining locations with global manufactur-
compared to June 2023, with capac- ing hubs could become a key factor in
ity increasing by 15.5%. The region also By leveraging our Latin America's ability to capitalise on its
posted the second-highest growth rate in lithium wealth.
international demand, with a remarkable combination of passenger Avianca Cargo, a prominent cargo airline
17.2% increase for the month – up by 6.3 based in Medellín, Colombia, is positioning
percentage points from May. capacity and B767-300 itself to play a crucial role in connecting
Latin America is renowned for its rich freighters, we boost Latin America's lithium-rich regions with
and diverse mineral resources, which have global manufacturing centres.
profoundly impacted its economic history our logistics capabilities “As an IATA CEIV Lithium-certified
and continue to define its global signifi- operator and with our principal locations
cance. The region is a veritable treasure during peak demand such as Miami Airport (MIA), Los Angeles
trove of metals, precious stones, and periods. Airport (LAX), and Madrid Airport (MAD),
other valuable commodities. Recently, Avianca Cargo is committed to support
the growth of the lithium industry by
Claudio Torres
LATAM Cargo ensuring the highest standards of qual-
ity, service, and safety in the transport
the surge in demand for electric vehicles across our network. Our CEIV certification
and batteries has brought Latin America guarantees that our supply chain adheres
into the spotlight as a leading producer to stringent requirements for acceptance,
of lithium, often dubbed "white gold." handling, and transportation, ensuring a
According to the World Economic Forum, secure and safe process that meets the
approximately 60% of the world's identi- highest compliance standards and is

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