On the wires: It's an uphill struggle for Worldwide Flight Services as leverage soars

“IATA indicated that year-on-year growth in air cargo volumes (FTKs – Freight Tonne Kilometres) started the year on a weak note, as it ended last year, with a 2% decline year-on-year in Q1 2019. Air cargo volumes were 1.8% lower year-on-year in January and 4.9% lower in February, before recovering somewhat during the month of March (+0.1%). February 2019 represented the 4th consecutive month of year-on-year decline, and the weakest year-on-year monthly growth rate in three years. In seasonality-adjusted terms ...