Airports across Europe are struggling to handle the traffic rebound (and pent up demand). But where are we in recovery? Around 85% of pre-pandemic flights returned in June.
One thing the pandemic made clear is the need for flexibility and a fast alternative in case of unexpected circumstances. Air freight is more expensive but keeps supply chains agile, although timeliness is also several days longer than the normal six days ex-works to the destination airport.
Capacity remains a limiting factor in airfreight through 2022 and the war in Ukraine has curtailed this further. Belly freight capacity has started to return, but not in full yet and compared to the 5-10% larger freight volume there’s still a substantial deficit.