Geopolitics contribute to 11% decline in air cargo demand
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport modes.
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport modes.
Ethiopian Airlines is investing in five more Boeing 777 freighters to meet shipping demand.
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
The air cargo market is very strong, but the latest January numbers are deceiving.
Peak airport congestion during peak season is undermining air cargo transport.
Air cargo is typically unaffordable for most shippers. With ocean rates off the charts, air doesn’t look so bad. If you can find a booking, why wouldn’t you fly?
Freightos has set up an index to track a basket of prices for airfreight, just like it did with its ocean shipping index.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
The global airline industry still has a steep climb out of its financial hole. U.S. airlines are doing better, but watch out for the delta variant.
Labor shortages at Chinese airports and pilot quarantine rules related to COVID are forcing airlines to scuttle many cargo flights to keep operations going and pilots from being put in isolation.