INQUIRER.net: Large passenger planes creating cargo capacity glut—IATA

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Large passenger planes creating cargo capacity glut—IATA Oct 17th 2013, 00:13 SINGAPORE—The entry of new wide-body passenger planes capable of carrying large loads of cargo is slowing down a recovery in the struggling air freight business, the International Air Transport Association chief said Wednesday.   An increasing number of larger planes such as the Boeing 770-300 ER and Airbus A330-300, catering to growing passenger numbers, has led to an oversupply of cargo capacity at a time when demand for freight transport is lean, said IATA Director General Tony Tyler.   "Every time a new wide-body passenger aircraft takes to the air, it brings with it significant cargo-carrying capacity," he told reporters in Singapore.   "With (... Keep on reading: Large passenger planes creating cargo capacity glut—IATA Media files: Airbus-JAL.jpg (image/jpeg)

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