newstodate.aero
Dec 3, 2007 (newstodate): Lufthansa Cargo expect capacity to outgrow demand in the air cargo market over the next five years.
In a recent interview, Andreas Otto, Lufthansa Cargo Executive Board Member for Marketing and Sales said the company sees global market demand to grow at 5.4 percent annually until 2012, while capacity is expected to grow by 6.1 percent annually.
Mr Otto also said the Chinese export air cargo has already peaked, consolidating at around 7.7 percent growth per year until 2012.
In a recent interview, Andreas Otto, Lufthansa Cargo Executive Board Member for Marketing and Sales said the company sees global market demand to grow at 5.4 percent annually until 2012, while capacity is expected to grow by 6.1 percent annually.
Mr Otto also said the Chinese export air cargo has already peaked, consolidating at around 7.7 percent growth per year until 2012.