Last year the air cargo sector went through turbulent times with a fall in demand, high fuel costs, grounded flights, and trimmed routes. The skyrocketing jet fuel price and the limited belly capacity because of grounded flights were some of the factors that pushed up the air freight rates. The air freight companies witnessed a…
The demand for air cargo space is growing stronger in 2022 as belly hold services are still not fully functional because of the grounding of several passenger planes. As stated by the President of FedEx, “As passenger travel remains depleted, air cargo capacity will be constrained through 2022 all while the demand for goods is…