Air cargo in new balancing act as rates ease and fuel costs climb
Air cargo carriers are facing an increasingly challenging market, with spot rates beginning to cool, ...
WorldACD
By Alex Lennane
It’s been a summer of poor headlines in air cargo. Cathay Pacific – before its current, Hong Kong-related problems began – saw first-half cargo revenues fall 11.4% year-on-year, with yields down nearly 3% and volumes down nearly 5%.
Volga-Dnepr Group is looking to reorganise, following a volume ...
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