One Question

James Woodrow, cargo director, Cathay Pacific. answers:
‘AIR cargo is moving into an era of fewer freighter operators. Those that remain will have to invest in modern, fuel-efficient aircraft, and that is a difficult decision. Most carriers could provide a better business case for a new passenger ‘plane than for a new freighter.
Meanwhile, the seemingly unstoppable rise of the Gulf carriers means they have grown very rapidly and that has to be at someone else’s expense. They’ve definitely taken [market] share from us. 
The lowest cost of providing capacity is a B777 belly, and they [Middle East carriers] can fly freighters only half way to Europe and then can switch to bellies and distribute to their huge networks. That has made Europe much more difficult for us. . .’

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Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.