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Cargo Three is related to Transcarga By Svva.aviation - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=80728348

Continued elevated air freight rates are driving old aircraft and new airlines into the skies.

This week, Cargo Three, a Panama-based carrier which recently received its AOC, applied to the US Department of Transportation (DoT) to offer cargo charter services.

The carrier said it hopes to launch ...

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