NewsAir cargo shifts capacity to where the money is as holiday season begins

October 22, 2024by 0

Airlines are shifting capacity to Asia Pacific-North America as disruption from China’s forthcoming Golden Week holiday recedes, and the Christmas rush starts.
According to the US National Retail Federation (NRF), consumer spending for the holidays is expected to grow between 2.5% and 3.5% on last year, while ecommerce is expected to grow by 8% to 9%, to up to $297.9bn.
“The economy remains fundamentally healthy and continues to maintain its momentum heading …

The post Air cargo shifts capacity to where the money is as holiday season begins appeared first on The Loadstar.

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