News / Cargo airlines chief Ziemelis eyes more freighters, but stays cautious

Avia Solutions Group Chairman, Gediminas Ziemelis

There is a thirst for freighter capacity at SmartLynx Airlines and Bluebird Nordic, two cargo operators under the Avia Solutions Group umbrella.

Considering the soft demand for air cargo globally, group chairman Gediminas Ziemelis is cautious, and acknowledged that freighter utilisation and load factors were down, year on year.

And he said: “If market conditions continue to deteriorate, we will not have a peak season in the fourth quarter. Therefore, we could see older, less-efficient freighters being parked or put into storage.”

SmartLynx ...