Airfreight demand expected to weaken through Q2
Weak ecommerce demand has seen cancellations of airline block space agreements and charters, particularly to the ...
WorldACD has released its findings for air freight in week 40, ending 4 October. Yields crept up, in what is expected to be the start of a gradual rate climb over coming weeks. But chargeable weight declined, likely to be due to China’s Golden Week holiday which ended on Thursday. Capacity declined 1% globally, although Africa saw a 4% increase while Asia Pacific saw a 4% decline.
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