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Air freight rates head back to earth as virus-driven boom cools
June 22, 2020 at 11:39 AM
A general view shows airplanes on the tarmac at Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 25, 2020.An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.
