The air cargo industry is expecting a bumpy few months, but some remain optimistic the market could recover as early as March.

Air cargo rates have fallen steeply, with prices in some places now below 2021 levels, and continuing to fall. But airlines are putting on a brave face.

“There are strong headwinds ahead, but I think things will get better in March after Chinese new year,” Astral Aviation CEO Sanjeev Gadhia told TIACA’s Air Cargo Forum delegates in Miami yesterday.

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