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The global airfreight market is enjoying “spectacular health”, but the imbalance of capacity on front and backhaul routes from Asia Pacific poses cost concerns.
In yesterday’s airfreight update with The International Air Cargo Assocation (TIACA), Xeneta airfreight market analyst Wenwen Zhang said: “2024 has surprised many in the air cargo market.
“Global air cargo demand has been showing record strong growth throughout the first seven months of this year; it has been double-digit,” she explained.
Ms Zhang added that, on the other hand, ...
Comment on this article
John Jiang
August 30, 2024 at 6:44 amVery good information is well noticed, thanks! Spectacular growth from the airfreight market VS limited capacities the market has, this is how the airline can keep the rate on the high level, person opinion! Cheers from Shanghai