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aviainform | Freight Market Outlook 2010 - Europe |
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The Air Transport Industry has been hit hard by the Global Economic recession. Even if many air carriers have reduced their network of even grounded some of their fleet, their financial figures are still looking extremely poor. |
These cutbacks are affecting most airports world-wide, causing them to significant employment changes and downward financials. And lastly the forwarders and cargo agents as part of the division of labour have registered massive throw-backs in both, volume and revenue.
As a result the industry has reacted with massive cuts in expenditures, short-time work, salary cuts and employee redundancies. Where will this industry head towards in the future? this the end of an industry previously spoiled by success? Will all ambitious promises previously made vanish into thin air?
Will air cargo even become redundant in favor of ocean cargo? Will past dedicated investments that rely on trends such as the ongoing expansion of Mega HUBs still amortize in todays economic environment? And will capacity providers receive future loans to renew their aging fleets?
These questions and many more will be answered in the new edition of the AVIAINFORM FREIGHT MARKET OUTLOOK 2010 offering explicit answers and solutions. |