Air Cargo Slowdown Puts Squeeze on Specialist Carriers: Freight

Dedicated air-freight operators are struggling to remain viable as a sluggish economy undermines their ability to compete with the cargo space on offer from carriers focused on the more buoyant passenger market.

Companies such as Cargolux Airlines International SA, Europe’s top freight-only carrier, are reviewing their business models, while Deutsche Lufthansa AG, which runs a cargo-only unit alongside its passenger routes, has idled planes.