Air freight drops as global trade siezes up — UK

From: Telegraph

BAA, which runs Heathrow, Gatwick and Stansted airports, said the number of tonnes of air cargo declined by 15.9pc in January, on top of a 15.1pc fall in December. The airport operator said cargo volumes are dropping at all UK airports as a “direct result of the global economic downturn”. It said freight volumes in the whole of 2008 were down 1.4pc compared to 2007, largely due the sustained drop at the end of the year.

Read Entire Article

Leave a Reply