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Air cargo carriers say China demand weak......>

CHINA
CHINA: Air cargo carriers say China demand weak despite drastic freight capacity
cuts on passenger planes (RTRS)
- Major air cargo carriers said they have no immediate plans to add China
flights to replace the capacity lost amid steep cuts to passenger travel due to
the coronavirus, as many factories have remained shut down after the Lunar New
Year. Aviation data firm OAG said there would be more than 25,000 fewer flights
operated to, from and within China this week compared with two weeks ago, with
30 airlines halting services. About half of the air cargo carried globally is in
the belly of passenger jets rather than in dedicated freighters, and the flight
cuts have made the Chinese market more dependent on freight haulers. (RTRS)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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