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Freighters feast in forecast: all-cargo carriers show profits, gobble share of widening gap in American airline industry.

Traffic World

| March 28, 2005 | McKenna, Ed | COPYRIGHT 2003 All Rights Reserved. (Hide copyright information)Copyright

All-cargo carriers pushed their share of air cargo traffic to better than three-quarters of the domestic United States market, according to the 2005-2016 Federal Aviation Administration Aerospace Forecasts.

The annual assessment of the U.S. airline industry showed air cargo traffic among American carriers grew 4.8 percent in 2004 as the gap widened between those who operate freighters and carriers in the still-tumultuous passenger field.

The FAA said all-cargo carriers racked up $1.6 million in operating profits and $832.4 million in net profits in air operations last year, while the passenger airlines reported operating and net losses of $691.4 million and …

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