List of blanked transpac sailings grows as trade war heats up and demand cools
** EDITED AT 17:19 BST ON 09/04/25 TO INCLUDE COMMENT FROM ATLAS AIR, AND AT ...
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By Alex Lennane
Hopes for a decent air freight peak season are muted, although the market is tightening a little.
2019 has been dismal for air freight; IATA’s latest year-to-date figures, to August, show a 3.3% contraction in freight tonne km.
But the market is picking up – and displaying some signs of a peak.
“There is certainly a peak for 2019, but it’s not what the industry experienced in 2018 and 2017,” said Bill Flynn, chief executive of Atlas Air, on an earnings call last week. “We’re seeing volumes and demands begin ...
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