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Lufthansa Cargo forecasts international air freight growth to slow in 4Q08

19-Aug-2008
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Lufthansa Cargo forecasts international air freight growth to slow in 4Q08

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”.

This is from today's edition of Europe Airline Daily. SIGN UP now to receive this report direct to your Inbox each morning.

 

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