Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
By Alex Lennane
Alongside news that the air freight market has contracted by 3.5% so far this year, Lufthansa Cargo has announced a major shift in its fleet.
The German carrier is to upgrade its fleet with two new 777 freighters and withdraw all its MD-11Fs within the next year – a process faster than had been anticipated.
The new aircraft will be delivered next year, to be based in Frankfurt, while the remaining ten MD-11Fs will be withdrawn by the end of next year.
“We ...
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