Airfreight players eye new routes as demand on the transpacific nosedives
The sudden fall in demand for airfreight on the transpacific is beginning to trigger capacity ...
Air cargo capacity may still be down by as much as 10% on pre-pandemic levels, but over-supply could soon be the story, as freighter orders surge, say industry leaders.
Etihad Cargo SVP Martin Drew told delegates at the World Cargo Summit in Abu Dhabi this week freighter supply was at its highest for more than a decade, with new orders and passenger-to-freighter conversions set to hit the market.
“There is pressure on yields and, as more capacity comes online with the return ...
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