Air cargo has been a lucrative business for many years. But, the golden days are over, as it appears from the IATA World Cargo Symposium in Rome. The aeroplane is losing market share to the container sector. IATA chairman Giovanni Bisignani warns: “Fasten your seatbelts. It will be a rocky ride.
Giovanni Bisignani, Chairman, IATA
There is yet no acute panic but the airlines are worried about the loss of cargo to the much cheaper container traffic.
