Fidelity's Jurrien Timmer: 'Boom-Bust-Bubble' Days of Air Cargo Are Over
According to Jurrien Timmer, head of global macro at Fidelity Investments, the air cargo industry has moved past its historically volatile 'boom-bust-bubble' cycles. Speaking at the IATA World Cargo Symposium, he argued that the sector has reached a new stage of maturity. This newfound stability is primarily driven by structural shifts, most notably the consistent and powerful demand from e-commerce. Timmer also highlighted the growing importance of specialized cargo, like pharmaceuticals, which has created a higher and more stable demand floor for the industry.
Official Source: https://theloadstar.com/jurrien-timmer-boom-bust-bubble/