Look guys, we have proven the concept (that cargo pays big yields) to many of our customers before...and they have gone on to buy their own fleet of -F aircraft. Below is a list of our previous customer that either acquired their own -F for the first time, or grew their own -F fleet...
Lufthansa
Air France
KLM
Cargolux
China Eastern
China Southern
Varig
Florida West/LAN
Thai
Malaysian
Korean
Alitalia
China Airlines (Taiwan)
And of course, the latest, Qantas, and Emirates...
My personal opinion is that we are going to see an increase of charters, CMI, and even parking of some older and leased aircraft in our fleet. Maybe, we have reached a point where placing 747 aircraft has become so difficult that we might migrate towards a smaller fleet of 747s, and get into a mix of 777s, and 767s.