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Carriers that invested in the 747-8F and 777F are thought to be feeling the negative competitive effects of higher costs per mile than operators of older aircraft.

MD-11F and older 747F operators such as Centurion, Nordic Global and Kalitta Air are said to be rubbing their hands in glee as their less fuel-efficient aircraft enjoy a new lease of life.

A source close to one MD-11F operator said that aircraft was “blowing the 777 out of the water” as fuel prices continue ...

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