The global air cargo industry is in deep trouble and will need years to recover, if it can at all
Consumers may be buying the latest electronic goods, but they are certainly not spending as much as they were 10 years ago. That means the air cargo industry, which is being swamped with belly capacity, is being left with a lot of empty space and nothing to fill it. Talk to air cargo experts and they will be as likely to discuss the demand for iPhones as they are about aircraft flying around. That is because the industry was traditionally a key indicator of how healthy global trade was, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Huge Overcapacity To Curb Air Cargo Turnaround".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.