Cost of fuel may force airlines to pull out of air cargo market
Air cargo and passenger airlines using older fuel-guzzling long-range freighters could pull out of the air cargo market this year as they battle falling yields and persistently high fuel costs, according to industry observers.
They said this could remove capacity and help balance supply and demand growth, which would support yields for major airlines in the air freight market.
via Business feed http://www.scmp.com/business/companies/article/1148945/cost-fuel-may-force-airlines-pull-out-air-cargo-market