Delayed arrival of freighters may prevent 'a bloodbath' in air cargo market
Only a trickle of large widebody freighters will join the global fleet this year and, ...
Photo: Cargojet
Cargojet’s foray into the B777 freighter arena has ended before it had taken off.
A year ago, Canada’s largest all-cargo carrier was on course for a fleet of eight B777 freighters, but the downturn in the market prompted management to sell the aircraft and all but bury aspirations on that front.
However, stronger-than-anticipated business has led to a decision to halve the number of B757Fs earmarked for dry lease or sale.
Management shifted into reverse ...
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