'Big chaos' coming as lack of air freight capacity will see peak season rates soar
Forwarders are predicting ‘big chaos’ and very high rates in the coming air peak season, ...
More detail has been revealed about Eastern Air Logistics’ ambitions. The cargo arm of China Eastern, which is planning an IPO, has outlined its fleet expansion plan in its prospectus. Noting the risks from the US-China trade war, it added that there were positive prospects, and it wants to renew the leases on all of its six 777 freighters for a further six years. It also is considering getting more of the aircraft type, reports CH Aviation.
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