Page 29 - The STAT Trade Times August 2024 for Website

We are strengthening
our partnerships with Asian

airlines to enable us
to participate in this

expanding market.

Diogo Elias
Avianca cargo

with the STAT Media. He also asserted that
GRU aims to be a South American redistri-
bution hub, particularly for e-commerce.
Cargo carriers such as Avianca Cargo
are gearing up for e-commerce growth
by expanding their fleets and establishing
strategic partnerships.
“There has been a growing e-com-
merce trend from Asia to Latin America,
and we are currently preparing for it
with the additional arrival of our Airbus
A330 P2F aircraft that will complement
our fleet, offering increased capacity
annually, reaching $194.7 billion in 2024. sending packages directly from ware- to Latin America. Furthermore, we are
The report also notes that global com- houses in China to Brazil and Mexico,” the strengthening our partnerships with
panies are boosting their investments report mentions. Asian airlines to enable us to partici-
in regional markets to capitalise on the Shein is planning to expand by devel- pate in this expanding market. Some of
growing opportunities. oping and constructing additional ware- these developments have occurred with
According to Xeneta’s report, the houses in Mexico over the medium term. Turkish Cargo, with whom we signed an
China-Latin America air cargo corridor is Similarly, Chinese e-commerce companies MoU last year precisely to seek synergies
experiencing significant growth, largely Temu and TikTok are targeting market that allow us to improve connectivity
driven by e-commerce. Air cargo spot share in Latin America. between Asia and Latin America, and
rates from China to Latin America have To meet the demands of the expand- with Cathay Pacific, with whom we have
more than doubled from May 2019 to ing e-commerce market, both cargo car- also been developing our cooperation to
May 2024. The China to Brazil route is riers and airports are actively enhancing and from Asia, particularly via our main
particularly notable, with rates in May their operations. hubs, Hong Kong and Miami,” says Elias
2024 reaching $6.46 per kg, which is $1.60 “We, as an airport, hold more than 90% of Avianca Cargo.
per kg more expensive than the spot rate of the total e-commerce shipments that “With increased capacity and alliances
from China to the US. arrive in Brazil. More than 30% of all the with strategic partners, we expect to di-
“China's supportive governmental cargo that arrives at São Paulo International versify our product portfolio, participating
policies, such as 'Silk Road e-commerce', Airport (GRU) comes from Asia, mainly in the e-commerce market from Asia, but
have facilitated the rapid expansion of from e-commerce. So, it’s a huge segment also connecting Latin American products,
companies like Shein and AliExpress over for us to grow,” mentions Hugo Repolho, such as Chilean salmon and Colombian/
the past year. These companies are now Head of Cargo, GRU Airport in an interview Ecuadorian flowers, with Asia.”

www.stattimes.com | AUGUST 2024 27