Bloomberg BusinessWeek, July 3, 2014

choi

(1) Julie Johnsson, Fewer Cargo Planes, More Cargo in Passenger Planes.
www.businessweek.com/articles/20 ... ng-passenger-planes

Quote:

“air freight accounted for about $60 billion in sales in 2013, roughly one-tenth as much as global passenger airline revenue.

“Especially on busy cargo routes linking Chinese manufacturers with U.S. and European consumers, [William] Flynn[, chief executive officer of freighter leasing company Atlas Air Worldwide Holdings,] says pure freighters will continue to be vital.

Note: summary underneath the title in print: Boeing's 777 is carrying ample freight while cargo planes take a hit


(2) James Nash, Snapchat and Skype Are Starving States of Cash. www.businessweek.com/articles/20 ... ine-phone-use-drops
(“States have tried to close the gap with hefty taxes on cellular voice plans and text messaging, which aren’t covered by the federal ban on taxing Internet data. In some parts of the country these fees can equal more than 18 percent of a customer’s monthly bill. Still, the income isn’t always enough to cover falling revenue as people forgo landlines and use the Internet instead of cellular plans to make calls. While voice calls over cellular networks rose 14 percent from 2012 to 2013, untaxable multimedia-messaging soared 29 percent. Over the same period, text messaging, which is taxed, fell 13 percent”)

Note: summary underneath the title in print: As people ditch phone calls for online services, tax revenue plummets