european-legacy-airlines

European legacy carriers predicted to exit long haul freighter market

A new air cargo world order will emerge over the next five years, as European combination carriers make way for new kids on the block, and niche carriers come into their own, according to Larry Coyne, CEO, Coyne Airways. Some, if not all, European legacy airlines will leave the long haul freighter business as competition increases, yields from China continue to fall, economies tighten their belts, and shippers turn to surface ... [+]