EU levy on ecommerce imports reduces demand and freighter flights

The introduction of new fees on low-value ecommerce imports into the EU triggered a sharp contraction in Asia-Europe freighter capacity – though there is confidence the market will eventually rebalance. According to Aevean, APAC/MESA freighter capacity into Europe fell 14% in June, equivalent to around 18 fewer widebody freighter flights a day. Several major European cargo gateways recorded steep Read full article →