Airlines
As Covid Winds Down, Air Cargo Frets on Russia-Ukraine Crisis
After overcoming Covid, the relatively strong air cargo industry will see further capacity constraints due to the war in Ukraine.
The Ukraine conflict has produced capacity constraints, as the UK, U.S., and EU have forced Russian cargo operators such as AirBridgeCargo out of their airspace. (image: Flickr: Creative Commons (BY-SA) by Anna Zvereva)
The Ukraine conflict has produced capacity constraints, as the UK, U.S., and EU have forced Russian cargo operators such as AirBridgeCargo out of their airspace. (image: Flickr: Creative Commons (BY-SA) by Anna Zvereva)

Tit-for-tat airspace closures by the U.S., UK, EU, and Russia continue to augment concerns about incremental reductions in global air cargo capacity. Meanwhile, ever-rising jet-fuel prices will increasingly eat into airline and freighter profits as the Russia-Ukraine crisis continues. Airlines with core routes between Asia and Europe appear most affected, but other regions could start to get involved in a prolonged or expanded confrontation.


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