News / Airlines that adapt quickly will survive likely freight pain in H2

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As 2023 soldiers on, the outlook for air freight recovery in the second half appears muted, at best. But airlines claim that the winners will be those that can adapt, and fast.

Rates out of China are now hovering only slightly above pre-Covid levels, according to the TAC Index, which shows its basket down slightly in the past week, with rates now some 48% below 2022 levels.

“Our base case for 2023 and early 2024 is that any freight recovery is likely ...