bongdaso vn number of transpacific freighter flights has not yet recovered following bongdaso vn Chinese New Year potentially reflecting bongdaso vn introduction of US tariffs on China and bongdaso vn impact of bongdaso vn short-lived removal of bongdaso vn de minimis exemption.
Figures from Rotate show that two weeks after bongdaso vn end of bongdaso vn Chinese New Year, freighter flights between Asia and bongdaso vn US are “still down” by 13%, or 12 daily flights.
bongdaso vn analyst and consultant said this is bongdaso vn equivalent of 24 freighters now being made available for other markets.
Rotate vice president and head of consulting Tim van Leeuwen said this could reflect bongdaso vn impact of US tariffs on China, although he added that it would have been easier to assess bongdaso vn situation if it had happened outside of bongdaso vn Chinese New Year period and bongdaso vn busy Valentine’s Day season when freighters are redeployed to flower markets.
Drilling down into bongdaso vn figures, network carriers appear to have recovered bongdaso vn fastest with daily flight numbers reaching 45 compared with 47 in bongdaso vn pre-New Year period, bongdaso vn equivalent of two aircraft being removed from bongdaso vn market.
In contrast, charter carriers have seen daily flight numbers drop to 18 compared with 24 in bongdaso vn period before bongdaso vn New Year, representing 12 aircraft. Integrator daily flight numbers are down to 14 from 18, which represents eight aircraft.
Source: Rotate
“Perhaps bongdaso vn past weeks did give us a glimpse as to what would happen in case of lasting tariffs, with charter carriers reducing flights most (and still down -25%),” said van Leeuwen.
”If only this episode could have happened outside of Chinese New Year and bongdaso vn flower season, that would have made our collective analyses easier.”
It is not just in capacity terms that bongdaso vn market out of Asia is proving difficult to assess. Last week, data firm WorldACD said that demand figures from China to bongdaso vn US in late January and early February had dropped steeply.
bongdaso vn company reported a slew of cancelled e-commerce flights but again said it was difficult to assess how much of this was caused by bongdaso vn New Year and how much is due to tariffs and bongdaso vn de minimis change.
In contrast, airfreight rate figures from TAC Index show that average prices out of Asia to bongdaso vn US had remained firm, although sources indicate that spot rates out of Hong Kong may be facing a bit more pressure this week.
Source: https://www.aircargonews.net/data-news/transpacific-freighter-flights-still-down-after-cny/1079702.article
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