Asia’s Air Freight Outlook Turns Negative
August 25, 2011
Freight traffic for Asia-Pacific airlines fell for the fourth straight month in July, a 4 percent decline that has air carriers viewing the rest of 2011 with growing pessimism.
Andrew Herdman, director general of the Association of Asia Pacific Airlines, said carriers are seeing air freight pricing fall amid weak export demand and plentiful capacity.
View the full article in the Journal of Commerce here