After several years of suffering from sluggish growth rates, the air cargo industry is finally on the rise. Demand in global air cargo markets grew by 3.8% in 2016, which was nearly double the industry s average growth rate over the last five years. However, our article discusses one of the biggest threats facing the air cargo industry: outdated technology.
Indian carrier Jet Airways' two new routes a daily Bengaluru-Amsterdam service and a five-times weekly Chennai-Paris service on 29 October demonstrate two things: that it is serious about Europe, and is building ties with SkyTeam members.
Turmoil at Italian flag carrier Alitalia is not a headache confined to its shareholders. A number of lessors and capital-markets investors also find themselves exposed to the airline's uncertain future.