Rates continue rising amid partial recovery of Gulf capacity | WorldACD

rates continue rising amid partial recovery of gulf capacity

Air cargo spot rates are continuing to rise sharply amid the highly volatile, unstable, and fast-changing situation in the Middle East, following the military attacks on Iran by the US and Israel, and Iran’s retaliatory strikes on targets in the region. The latest weekly figures from WorldACD Market Data highlight that there has been some recovery in air cargo markets since the outbreak of the war, although the situation for carriers, airports, and other stakeholders in the region remains extremely challenging and subject to sudden and rapid change.

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For more details, please refer to the WorldACD weekly report (PDF).

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