Cargologicair sells off remaining stock and redundant staff can be paid
The remaining stock of Cargologicair, still under administration, is soon to be sold. The formerly ...
The air freight market is currently in a weak yet stable condition, according to carriers and consultancies. Drewry’s east-west air freight price index for April revealed that all-in rates (for standard deferred airport-to-airport services), over 21 major routes, rose slightly to $3.21 from $3.15 in March, but were down year-on-year.
Interestingly, perhaps, one of the sharpest rebounds in pricing was on the Shanghai-Frankfurt route. Drewry’s index saw it rise 13.8% in April.
“China is recovering,” said a spokesman for Lufthansa Cargo. “We’ve ...
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