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So what is replacing the 744s?
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9th November 2011 | 16:03
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Air Profit
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This is all somewhat of a redundant conversation. There is a coming apocalypse for the southern chinese economic engine. We will soon find cargo shipments dipping towards decade lows. At best the -8 freighters will replace older -400's which CX will quickly sell or park. As for pax aircraft, we will stick with 777 through the end of the decade. There may be an argument for a new large widebody on the London route...but beyond that there is no expansion coming for years. We are about to see the mother of all economic slowdowns (read: depression). Get your money to a safe place.....there is much pain to come....and soon.
SPOTLIGHT CHINA: Shipping Downturn, Credit Squeeze, Factory Closures, Hong Kong Home Sales Collapse
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