Belgium-based Cargo B Airlines is the latest victim of the global economic slump, announcing the immediate cessation of operations. A short statement issued by management said yields were lower than those needed to make a viable operation in the current market and added the situation looked no better in the near future. "The board of Cargo B Airlines, has had no choice but to take the difficult decision to stop its operation with immediate effect. Thanks to the hard work of all our staff and the … [Read more...] about No ‘plan-B’ for Cargo B as carrier folds

Belgium-based Cargo B Airlines is the latest victim of the global economic slump, announcing the immediate cessation of operations. A short statement issued by management said yields were lower than those needed to make a viable operation in the current market and added the situation looked no better in the near future. "The board of Cargo B Airlines, has had no choice but to take the difficult decision to stop its operation with immediate effect. Thanks to the hard work of all our staff and the … [Read more...] about No 'plan-B' for Cargo B as carrier folds