Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
© Alan Budman
By Alex Lennane
The air cargo market is soft, with few signs of strength – but it could be an opportunity to change the way capacity is bought, according to some analysts.
Released today, Air France-KLM Cargo’s first-quarter results show negative trends, with unit revenues down 4% at constant currency.
“A slowdown of volumes in the first quarter is visible in the whole air freight market, due to economic slowdown, political uncertainties and trade disputes. This has put pressure on freight rates,” noted the carrier.
WorldACD released ...
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