‘Easy Money’ Ends for Asia Airlines as Cargo Slows

Asian airlines expect cargo demand to slow as rising U.S. inventories and waning growth in Europe curb shipments of electronics and luxury goods.

Korean Air Lines Co., the world’s largest international cargo carrier, said demand will fall this month because of rising stockpiles of liquid-crystal display televisions, computers and MP3 players. Increases in yields, a measure of rates, are also likely to “moderate in the near term,” said Singapore Airlines Ltd.’s cargo arm, the fourth-largest.