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Southern Air, the ACMI carrier, has claimed that emerging from bankruptcy proceedings last month was the final step in its transformation into a sustainable airline. Despite the weak operating conditions for all-cargo airlines, the carrier says it can survive the current market, owing to its strong customer base and new 777 aircraft.

“While the market doesn’t bode well for many, it does for us,” said CEO Daniel McHugh. “We are one of the companies that will come through.” However, he acknowledged ...

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