What's going on here.
World cargo shipments down 10%
747-800's being cancelled by Atlas and Cargolux
FedEx outlook lowered
Europe's collapsing economies
China's drop in manufacturing shipments
And a general lowering of the world economy
Not exactly a tsunami but a definite trend seems to be emerging. Just when the airlines are predicting a future pilot shortage and new equipment finally starting to arrive. It is going to be one heck of a ride again.
