Virus slows airlines from adding capacity, airfreight volatility increases
from American Shipper
The outlook for economic recovery and better health for airlines is more pessimistic and that’s bad news for manufacturers and other shippers seeing input costs rise due to higher transport prices in the COVID era. Passenger airlines are reporting huge second-quarter losses, terminating employees and slowing the reintroduction of flights as the coronavirus flares up. Fewer flights means fewer transport options for shippers already facing a supply shortage, but full-freighter operators — and freighter friendly airports like Rickenbacker in Ohio — will reap the reward with more business than they can handle.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063