ABSTRACT

Facilitating Air Freight - Policies and Actions   [open pdf - 0B]

From the Key Messages: "[1] Air connectivity is at the center of the COVID-19 crisis: global air cargo capacity has dropped substantially since most commercial passenger flights have been cancelled or grounded worldwide; [2] Air cargo operators are trying to satisfy the existing demand, and also support pandemic-related relief efforts, mostly with freighters, and also with repurposed passenger widebody aircrafts (carrying freight in the main cabin); [3] The economic impact for developing countries is likely to be felt directly through the loss of cargo capacity and skyrocketing air cargo rates, as well as cascading effects from all-cargo operations; [4] Governments should coordinate and work with industry to ease regulatory and operational restrictions on air cargo operations to ensure market access, essential operations and timely turnaround at airports and hubs; [5] Many passenger airlines (responsible for hauling half of air cargo globally) will require financial support or restructuring, in a context of prolonged revenue starvation and assets' immobility[.]"

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Date:
2020-05-05
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Copyright:
World Bank
Retrieved From:
World Bank: https://www.worldbank.org/
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application/pdf
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