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Thread: AC Cargo-Only Flights (2020 onwards)
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Old Mar 23, 2020 | 10:49 pm
  #4  
WaytoomuchEurope
 
Join Date: Jun 2018
Location: YVR
Programs: AC SE100K, Bonvoy Platinum Elite, IHG Gold, Hertz 5*
Posts: 2,132
I am in a global supply chain role and my teams source globally for distribution around the world. I can confirm the sky-rocketing of prices, but ex-Europe is much worse than ex-China. As of today, air freight out of Europe is up 8X into certain US markets that have seen a capacity reduction in the area of 80%. Typical to pay ~ 3 EUR/kg, today quotes are ~26 EUR/kg. The average over the past week out of China is 2-3X standard rates.

On top of this backlogs are running 7-10 days out of most markets.

I don't know the economics for the airlines but I can say definitively that the business would be there for them, particularly for markets like Chicago, Houston, and LA.
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