Further cuts in global freighter capacity are inevitable because of unsustainable loss-making among airlines, according to Europe's biggest all-cargo carrier. Robert van de Weg, senior VP for sales and marketing at Cargolux, said demand was down by 20-25 per cent, but estimated that capacity had only been reduced by 10-12 per cent. "So there is quite a lot still to come out, " he added, saying Cargolux had reduced its services by around 10 per cent. Most of the world's main freighter operators … [Read more...] about More freighter capacity cuts likely