Asian airfreight rates to stay high

12/28/2009 11:05:06 AM

DHL says the current tight capacity ex-Asia is likely to remain at least into the early spring and that high demand, combined with carriers' reluctance to pay to reactivate grounded aircraft, will keep rates high.   "While the demand for air-freight space traditionally decreases after the year-end holiday, causing freight rates to drop significantly, the current capacity outlook and latest customer forecasts for the first quarter of 2010 indicate a continuation of air-freight capacity constraints on the North Asia-to-Europe trade lanes," DHL said in a statement.   Air-freight demand currently is highest out of China, Hong Kong, Korea and Taiwan.   Aircargo Asia Pacific

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