Delayed arrival of freighters may prevent 'a bloodbath' in air cargo market
Only a trickle of large widebody freighters will join the global fleet this year and, ...
© Faustasyan |
By Alex Lennane
The shipping lines, with their multi-billion dollar profits (and almost no taxes), are the ones making all the headlines, but the all-cargo airlines, presumably much to the chagrin of their passenger-carrying cousins, are also having a stellar time.
There is no better illustration of the highs and lows of freighter airlines than the chart below, compiled by The Loadstar over the past 11 years.
From an $18.3m loss in 2011, the carrier barely broke even until 2015. Then two good years, a ...
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