Global air cargo players can choose to view the industry’s future from two distinct vantage points: short-term and long-term. The views are so different, however, that trying to reconcile them is surely testing the sanity of cargo executives worldwide. The former viewpoint is quite cloudy, with considerable near-term economic uncertainty reflected in falling airfreight traffic numbers. But the second vantage point is fairly bright, with long-term trends pointing to relatively ...

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