News / Smaller all-freighter airlines are feeling the pressure as air cargo markets weaken

© Ivan Cholakov

Fuel prices may be low, but depressed air cargo yields and volumes are hitting some of the smaller cargo airlines, according to anecdotal and legal evidence.

Miami-based carriers SkyLease and Centurion, along with owner Alfonso Rey, received a court summons filed on Monday, alleging minimum wage violations.

The lawsuit claims that Mr Rey and CFO Marcos Montesano “made operational decisions with regard to company finances, made decisions to maintain operations in light of financial hardship, made decisions not to reduce the labour ...