Facilitating Air Freight – Policies and Actions
Air connectivity is at the center of the COVID-19 (Coronavirus) crisis. Global air cargo capacity has dropped substantially since most commercial passenger flights have been cancelled or grounded worldwide. Air cargo operators are trying to satisfy...
| Main Authors: | , |
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| Format: | Policy Note |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/295561588739954467/Trade-and-COVID-19-Guidance-Note-Facilitating-Air-Freight-Policies-and-Actions http://hdl.handle.net/10986/33717 |
| Summary: | Air connectivity is at the center of the
COVID-19 (Coronavirus) crisis. Global air cargo capacity has
dropped substantially since most commercial passenger
flights have been cancelled or grounded worldwide. 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). 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. 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. 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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