Cargolux chief: 'I won’t drop prices to get tonnage' in a challenging 2019
“I expect 2019 to be rather more of a challenge,” said Richard Forson, chief executive and ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATES PPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATES PPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
The Cargolux-HNCA deal was supposed to herald a new era for the European all-cargo carrier, but according to CargoForwarder, a report that it commissioned from German strategy consultant Roland Berger found that the joint-venture is faced with losses for the next five years, and operate for the following five years at break-even. On the other hand, there are also suggestions that Foxconn is considering huge expansion to its production facilities in Zhengzhou – the hi-tech manufacturer was always slated to be the airline’s base customer.
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