News / Air cargo rates slow as capacity returns, but fuel squeeze keeps market tight

Ethiopian Cargo has started operating to Glasgow. Photo: PIK

Air cargo rates are beginning to plateau after weeks of sharp increases triggered by the Iran conflict, with returning capacity beginning to outpace demand in key markets. 

However, tightening fuel supply is limiting options for a full market reset. 

Latest data from WorldACD shows global spot rates rose just 1% week on week in mid-April, ...