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Developments since the second quarter have been mixed for the air cargo industry. Heads of Cargo are expecting to see further improvements in freight volumes in the year ahead, and also better yields. First half losses may continue into the second half unless fuel prices drop back and/or the inventory-driven economic improvements strengthen into a full-fledged economic recovery.

For the rest of this year, the chances of both remain slim, given strong investor demands for commodities and headwinds from debts on economic growth in the OECD economies.

• CEO Brief October 2009 (pdf)
• e-chartbook 3rd quarter 2009 (pdf)

More information on Cargo e-chartbook.