Fedex, cathay Pacific forecasting cargo traffic growth in the second half to reduce costs

Fedex LTD. And cathay Pacific airways LTD Co., LTD recently forecast, the second half of this year air cargo demand will pick up, and can help airlines offset fuel prices.

Federal express CEO David Bronczek said that at present from freight department look, picks up momentum is strong, and as long as the oil price does not affect the freight, the resilience of the momentum will continue.

Cathay Pacific said, the clients are also looking forward to the freight volume to bounce back. Growing demand also prompted the international air transport association this week for the air cargo revenue forecast doubled.