We’ve gone backwards five years
25 / 07 / 2013

AN unremitting global slump in demand has knocked the air cargo industry back at least five years.
Cargo volumes have crashed to what they were in 2007/8 – with no immediate prospect of a dramatic recovery.
By contrast, the airline passenger business is booming, with record numbers of travellers heralding new aircraft orders – as airlines expand their route networks.
Steve Gunning, managing director at IAG Cargo – the seventh largest air cargo carrier in the world – says that whereas the passenger business has been growing at a healthy rate, cargo is most definitely not.
Read editor Nigel Tomkins’ story in full in the next edition of Air Cargo News 29 July 2013 – Issue No. 757
Read editor Nigel Tomkins’ story in full in the next edition of Air Cargo News 29 July 2013 – Issue No. 757