Cargolux President and CEO Ulrich Ogiermann, current chairman of The International Air Cargo Assn., predicted that "volatility" in air cargo demand will continue in 2010 but that the airfreight industry will emerge from the economic downturn in a "stronger position." Air cargo suffered an unprecedented drop in demand beginning in the 2008 third quarter and extending through 2009 (ATW, January 2010). That decline appears to be leveling off, with international air cargo traffic rising 24.4% ...
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.