Latam all set to boost cargo

Slew of measures have been chalked out to integrate the cargo businesses of LAN and TAM

25 per cent Brazil cargo revenue Chile Cristian Ureta Guarulhos airport LAN LATAM Sao Paulo TAM

Latam Airlines — a result of the merger between Chile’s LAN Airlines and Brazil’s TAM — has chalked out plans to boost its cargo revenue to 25 per cent of the carrier’s total sales in the next four years from its present 17 per cent.

Plan details were given out by the carrier’s cargo general manager Cristian Ureta to the El Mercurio newspaper. Other details include the integration of the carriers’ cargo businesses that will save $112 million by 2014. In addition, a new storage unit will be put up at Sao Paulo’s Guarulhos airport at a cost of $20 million.