Saudi Cargo sees flat 2013

Markets

Monday, December 10, 2012

Saudi Airlines Cargo experienced growth among its 13 freighters in 2012, seeing a 19-percent increase in activity in boarding figures for the first nine months of the year when compared to 2011’s figures. Revenue was up during that same time period by 22 percent. But Peter Scholten, vice president of commercial at Saudi Cargo, anticipates little growth from these numbers next year. He's gearing up for the carrier’s freighter capacity to stay level next year and for 2013 to seem li...

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