De minimis-induced ecommerce demand slump could cripple freighter operators
The US’s considerable de minimis fee and tariff hike will “cripple the [air cargo] industry”, ...
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By Alex Lennane
Emirates released its half-year financial results last week – and reported a 65% rise in net profit to $1bn. The airline dos not seem to have broken out its SkyCargo figures, reporting only group, airline and dnata numbers. Profit was up. said the carrier, because of lower fuel prices, while revenue fell, reflecting the strong US dollar. The chairman added that the airline would “keep an eye out for strategic growth opportunities, and stay agile so that we can respond effectively to external challenges”.
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