Boeing executive says tough to see air cargo growth this year due to virus
The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing said Wednesday. The world’s biggest manufacturer of freighter aircraft had previously forecast air freight would grow by 1% to 2% this year due in part to the United States and China reaching a phase 1 trade deal, said Randy Tinseth, VP of marketing at Boeing Commercial Airplanes, the commercial division of Boeing. “That is going to see pressure as well,” he said of the U.S.-China deal at the Singapore Airshow. “If we are not seeing goods travel and airplanes fly that is under pressure. I think it is going to be really tough to see the cargo market grow this year.”<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-02-12/general/boeing-executive-says-tough-to-see-air-cargo-growth-this-year-due-to-virus
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Boeing executive says tough to see air cargo growth this year due to virus
The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing said Wednesday. The world’s biggest manufacturer of freighter aircraft had previously forecast air freight would grow by 1% to 2% this year due in part to the United States and China reaching a phase 1 trade deal, said Randy Tinseth, VP of marketing at Boeing Commercial Airplanes, the commercial division of Boeing. “That is going to see pressure as well,” he said of the U.S.-China deal at the Singapore Airshow. “If we are not seeing goods travel and airplanes fly that is under pressure. I think it is going to be really tough to see the cargo market grow this year.”<br/>
