Freight sector looking at uneasy future
The freight sector, long a considerable profit contributor
for Asia Pacific airlines, has been mired in the doldrums lately. The International
Air Transport Association (IATA) puts the 1H07 growth rate for global cargo
traffic at a relatively meagre 2.7%, a disappointing return given the previous
period’s high rates of growth and the fact that strong overall economic
conditions – usually a key driver of cargo growth – should have
made for better performance.
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