Intra-Asia Air Freight Surges as Carriers Divert Capacity from the Middle East
The ongoing Red Sea shipping crisis is causing a significant realignment in global air cargo capacity. Airlines are reportedly withdrawing aircraft from Middle Eastern routes, particularly Dubai, to service the booming sea-air demand between Asia and Europe. This has led to a surge in capacity on intra-Asia lanes, which act as feeder routes for long-haul flights from hubs like Hong Kong and Bangkok. Consequently, air freight rates within Asia have soared dramatically, with some routes seeing increases of up to 40%. This shift benefits Asian hubs at the expense of Middle Eastern ones, which are experiencing reduced connectivity.
Official Source: https://theloadstar.com/intra-asia-lanes-gain-capacity-and-rates-soar-as-middle-eats-loses-out/
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