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Freighter Rentals Remain Under A Cloud

June 22, 2009

With ICAO forecasting that airfreight will be down a massive 17 percent for 2009 compared to 2008, the lack of demand for airfreight capacity is taking its toll. The market for freighters is facing one of its toughest challenges for decades. With container ships offering capacity for the cost of the diesel and with other surface capacity being laid up, little wonder that the road to recovery is likely to be long.

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