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Capacity reductions, Russian airspace closure to drive up airfreight rates

China-Europe rates climbed more than 80% in the past week

Kelly StrohbyKelly Stroh
March 3, 2022
in Archive, Routes
1
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Severe capacity reductions are likely to trigger a spike in airfreight rates on routes to and from Asia due to the closure of Russian airspace and the withdrawal from the European cargo market by Volga Dnepr Group’s AirBridgeCargo Airlines (ABC) and Atran affiliates. “ABC leaving will drive the rates further up, but their departure is […]

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