European Cargo: grounded by financial pressure and an unforgiving market
European Cargo’s collapse appears to have been driven by a combination of rising operating costs, ...
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By Alex Lennane
Despite support in the German market for a non-Lufthansa cargo carrier, the news from Air Cargo Germany is not looking good.
On April 18, its AOC was suspended by the LBA, Germany’s civil aviation authority, which, according to German media, claimed that the airline’s heavy debt ...
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