Cargo airlines cut back hard as peak season flops for some

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It’s a fragile and difficult world, Air Cargo. Two years ago you couldn’t book a cargo flight for months and demand was through the roof, 2018 saw it soften and 2019 has seen virtually the complete opposite.

Lufthansa as reported here, is keen to dump its MD-11F fleet and has made cuts to its network, now Cargologicair, based in the UK at Stanstead, is cutting five routes and grounding two of its four 744’s early in 2020. It only took delivery of two of them a year ago.

Its parent, Russian ABC Cargo (owned by Volga-Dnepr Group), is cutting six routes completely and re-routing another three to make them more economical.

There are even concerns that ABC, which has has a batch of 29 777F’s on order, the first due next year, from DAE leasing, and won’t be able to afford to take delivery and may cancel or postpone them.

 

 

 

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