News / Sourcing PPE dominates air capacity and pushes rates, but more lift is on the way

Swissport's empty baggage carts pile up at airports as passenger travel plummets

The scramble for personal protection equipment (PPE) has buoyed airfreight, pushing rates to lofty heights.

National governments’ determination to secure PPE at almost any cost has been a significant factor, but it has prompted the deployment of fresh capacity that is beginning to put the brakes on prices.

While passenger airlines have slashed more than 90% of their flights and are bleeding cash at alarming rates, airfreight is generating record yields. Rates are in the stratosphere and the price of charters has soared ...