Cargolux and Atlas Air predict subdued airfreight market in 2020

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By Alex Lennane

23/01/2020

Atlas Air and Cargolux told the Airline Economics conference in Dublin this week they expect the air cargo market to remain soft for at least the first half of the year.

Cargolux CFO Maxim Straus said price pressure would continue, with particular weakness in South America and Hong Kong. Atlas cited Trump, trade and tariffs as the central problem of 2019, but hoped the second half of 2020 would pick up. Air Cargo News reports from Flight Global.

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air cargo market Atlas Air Cargolux Aeromar air cargo data CargoGulf Rates: the eternal tango Xeneta

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