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…
Globalia Blog
Tag: air freight trends
Explaining the drop in demand in the air freight industry
Presently, the air freight industry is dealing with multiple hitches such as grounded planes, trimmed routes, and a decline in demand. In fact, some of the multinational air freight companies are signaling a slackened demand as compared to the times of the pandemic. With less than two months to go until the start of the…