Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
As anticipated, ecommerce platforms have begun cancelling flights and cutting back on capacity, while Chinese ...
© Andrii Yalanskyi
By Alex Lennane
As airlines continue to pare Chinese services, with much belly capacity now not returning until the summer season begins in April, freight data on the routes is becoming harder to interpret – but a freight “bottleneck” is expected soon.
“Index transactional data is very thin, increasing the noise and volatility of prices on the smaller amount of transactions taking place,” noted Freight Investor Services yesterday.
“Charters have largely dominated inbound traffic; however, a backlog of airfreight capacity orders has yet to materialise, ...
Comment on this article
Jonathan Holmes
February 12, 2020 at 2:41 amYes, in the near term there may be an origin China capacity shortage. However, manufacturers/shippers will not allow themselves to be exposed like this again. The momentum of deleveraging from China will in all likelihood, increase.