Airfreight operators hit by economic slowdown

Dedicated airfreight operators are struggling to remain viable as a sluggish economy undermines their ability to compete with the cargo space on offer from carriers focused on the more buoyant passenger market.

Companies such as Cargolux Airlines International - Europe's top freight-only carrier - are reviewing their business models, while Deutsche Lufthansa, which runs a cargo-only unit alongside its passenger routes, has idled planes.

via Business feed http://www.scmp.com/business/economy/article/1105585/airfreight-operators-hit-economic-slowdown