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Air freight capacity tightening as peak season looms

from Lloyd's Loading List

Forwarders are increasingly taking 'pre-emptive action' to guarantee space for customers during the looming peak season and beyond, with the already-diminished capacity expected to tighten further in the coming months. Air charter broker Chapman Freeborn's head of cargo, Pierre Van der Stichele, told Lloyd's Loading List that customers have been signing higher-than normal levels of mid- and long-term leases on freighter aircraft, amid concerns that space shortfalls may worsen with any vaccine launch. more

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