After Airbridge Exits; Airfreight Rates Rise
While the US is considering a ban on Russian airlines, it hasn’t been executed yet. ABC had 2 aircraft in the US, but now both are gone. It’s not just Russian airlines that are affected, however, as Finnair Cargo has cut all operations to east Asia as well. This has reduced capacity even more, creating a strain on the supply chain that was already rife with capacity issues in the first place. Finnair stated it would not be operating in Osaka, Tokyo, Seoul, Shanghai, or Guangzhou either.