With a peak that wasn't, air cargo rides into 2023

“This year will also remain challenging for aviation, because in addition to the continuing shortage of personnel at numerous service providers, operational restrictions, such as those resulting from airspace closures, will continue to challenge us." - Max Philipp Conrady, Fraport AG

“In the last couple of weeks, we saw a slight increase in volumes but still being lower than the 2022 volumes. We do not expect any unusual delays to come. All information we have currently on hand are indicating a “normal” Chinese New Year season.”- Torsten Wefers, Liege Airport

“Yields have also fallen over the past several months and are currently at their lowest levels since the onset of the pandemic. If we look into our crystal ball, demand should begin to recover in the second half of 2023, as shippers work through their inventory and business demand recovers.”- Neel Jones Shah, Flexport

“We are also working closely with our freight forwarding partners, who are seeking shorter-term commitment and pricing to mitigate economic uncertainties in the long term. Etihad Cargo is offering in-demand solutions and filling our flights with yield discipline.”- Latha Narayan, Etihad Cargo

“Last three years of lockdowns in China have only made sure that the tolerance of supply chain professionals for delays and low inventories is higher, thus not creating any extra demand for air cargo or stocking up more than normal.”- Minesh Pore, BuyHive

Click here to read more.

Click Here For More Stories