Where will the freighters go as capacity shifts from tariff-hit China-US lane?
Cargo airlines are scrabbling to find new markets as capacity becomes available following the end ...
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By Mike Wackett
After completing its painful debt restructuring in July last year Zim posted a net profit of $11m in the first quarter of 2015 – the first time that the Israeli carrier has traded in the black since 2012 – a result which it mainly attributes to “seizing business opportunities” and leaving the Asia-North Europe trade.
The turnaround of Zim’s financial health has propelled the container line to fifth in Alphaliner’s carrier operating profit margin (OPM) table with an OPM of 7.7% ...
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