Lufthansa: 2004 shapes up as good year for air freight
Air cargo business will return to the heady growth rates of the late 1990s after three years of slow growth, according to an annual industry forecast by Lufthansa Cargo in conjunction with consultancy Merge Global.
Lufthansa predicts international tonnage to rise 5.9 percent in 2004 based on strong expansion of the Asian market and the gradual economic recovery in North America. The report predates the latest outbreak of avian flu in Asia, which has the possibility of dampening travel and trade much like the SARS epidemic last year.
Lufthansa: 2004 shapes up as good year for air freight
