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Guangzhou ZhongYunHang Logistics Co.,Ltd.
Add：No.266 North of Baiyun Road Baiyun District, Guangzhou China
Tel：+86-020-36516153-(826\836\856)
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Tendency News |
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| Fuel cost could put damper on air freight optimism |
| Published:
2010-06-14 |
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The air cargo industry has been warned it faces serious challenges because of the rising costs of oil, despite increasing industry optimism.
Frost and Sullivan's Commercial Aviation Analyst, Max Sukkhasantikul, said that new US regulations could spark an increase in the cost of oil, which would have implications for the air industry.
He said: There are many challenges still facing the industry, mainly the future of offshore drilling.
��Should the Obama administration tighten drilling regulations, there may be an oil shortage between 2016 and 2018, driving fuel costs above US$100 a barrel.
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