747-8F First Flight

This year looks set to be all about air freight capacity. Last year’s shortage, which airlines are blaming on forwarders for continued price pressure in the past few years, has triggered a run on available aircraft, as well as a far greater share of block space agreements (BSAs).

Demand growth significantly exceeded capacity growth in 2017, and several airlines have said they were on the lookout for more freighter capacity. But chronically low rates have hampered their ability to invest in new metal.

Two ...

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