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Tuesday, December 14, 2010

`Easy Money' Runs Out for Singapore Air, Korean Air as Cargo Demand Slows

Bloomberg, 15 Dec 2010Korean Air Lines Co., the world’s largest international cargo carrier, said demand will fall this month because of rising stockpiles of liquid-crystal display televisions, computers and MP3 players. Increases in yields, a measure of rates, are also likely to “moderate in the near term,” said Singapore Airlines Ltd.’s cargo arm, the fourth-largest. Full story