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Majority airlines of America faced declined demand on cargo services last year

According to the recent report of the air cargo news, the majority airlines of America have recorded that last year was really a disaster when it comes to cargo services. They have told that the demand for the cargo services has declined in the year 2015. Some of the major airlines of America have submitted their statistics report recently. In the report, almost all the air freight companies have made a point that they have faced very less demand for the cargo services in the year 2015, when compared with the year 2014 and other previous years. These major airline companies include American, Delta and LATAM. But while this is the scenario, The United airlines have made a record opposite to it. In the report of United, it was mentioned that the company has faced an increased demand for cargo services in the year 2015.

The largest decline in the demand of the cargo services was registered by the industry giant LATAM. But it is quite obvious that, though the company has faced a large decline in the cargo services, it still stands top in the total cargo service providing in America. The LATAM stands the best in cargo services in America. The overall decline in the demand of the cargo services by the airline group was down in the year 2015 by 12.1%. This has made the companies to loss total revenue of 3.8 billion. This is the second time in the history that the air cargo servicing companies are facing such a great decline in the percentage of demand. When the LATAM group has reported about the scenario to the reporters, it has mentioned that the air traffic has seriously fallen in the month of December and it happened especially in the domestic areas of Brazil and also in some other international markets.

The industry people have told that the cargo industry is facing a huge drop back now as the demand is facing a faster drop than the supply. The international Monetary Fund also has told that they are expecting a fall in the GDP of Brazil by 3% this time. It is very clear that the cargo industrial situations are not going to be good for the upcoming years also. In the meanwhile, it is happy to see The United airlines getting busier now with cargo handling. The United is the only airlines out of the four to make a record that they have faced an increased demand for the cargo services in the year 2015. By this way, the airlines has become a giant now in the industry.