News / 'Dead cat bounce' – or a sign of hope – for air cargo carriers?

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A contraction in global manufacturing in November is expected to keep short-term air freight demand low – but some analysts are beginning to sound a little more optimistic about next year.

Airlines have cancelled flights out of China, owing to low demand, according to Flexport, while in Vietnam, some factories have laid off workers, or reduced hours, added the forwarder.

Southern China continues to be affected by Covid, which has delayed outgoing cargo. Rates and demand have remained soft.

The US Thanksgiving holiday has ...