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Lufthansa Cargo forecasts international air freight growth to slow in 4Q08
Lufthansa Cargo forecasts international air freight growth to slow in 4Q0819-Aug-2008 |
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Airline Code [DLH]
View More Lufthansa News Tags :Continental Europe, Lufthansa Lufthansa Cargo forecast international air freight growth would slow in 4Q08, due to the impact of weaker economic growth on consumer spending.
However, the cargo unit has maintained its full year forecast that it would surpass its 2007 full year earnings result. Meanwhile, the carrier forecasts Chinese cargo traffic would account for 25% of global air freight within “a few years”. |
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