Data of the first full week of the US-Israeli war on Iran confirm indications from the first two days of the conflict that air cargo traffic has been severely affected – well beyond the Middle East. The temporary loss of capacity from air space and airport shutdowns in the region sent airfreight prices rising and prompted routing and capacity shifts. Doubts about an early end of the hostilities point to further pricing hikes from fuel and war risk surcharges and headwinds for governments trying to hold down inflation that could further undermine consumer confidence.
For more details, please refer to the WorldACD weekly report (PDF).
