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Air freight prices skyrocket as coronavirus outbreak kills capacity
来源： 编辑：编辑部 发布：2020/03/31 11:05:52
INTERNATIONAL air freight prices have nearly quadrupled over the past few weeks to CNY40 (US$5.60) per kilogram me from around CNY10 a kilo before China's outbreak began, according to a manager at a Chinese shipping company.
Prices could rise to CNY50 a kilo for transporting goods from China to Europe or North America. It has grown a lot more expensive to transport goods by air as the coronavirus outbreak has devastated global air freight capacity by grounding so many aircraft, forcing shippers to try ad-hoc and expensive workarounds, reported Caixin.
Air freight capacity has grown more expensive as more and more commercial flights, which carry about half of the world's air freight cargo, have been grounded amid restrictions imposed by governments around the world on whom they will let into their countries.
For Chinese airlines alone, the amount of goods transported in February fell 21 per cent year on year to 297,000 tons, according the Civil Aviation Administration of China.
Prices could rise to CNY50 a kilo for transporting goods from China to Europe or North America. It has grown a lot more expensive to transport goods by air as the coronavirus outbreak has devastated global air freight capacity by grounding so many aircraft, forcing shippers to try ad-hoc and expensive workarounds, reported Caixin.
Air freight capacity has grown more expensive as more and more commercial flights, which carry about half of the world's air freight cargo, have been grounded amid restrictions imposed by governments around the world on whom they will let into their countries.
For Chinese airlines alone, the amount of goods transported in February fell 21 per cent year on year to 297,000 tons, according the Civil Aviation Administration of China.