INDUSTRY UPDATE - AIRFREIGHT Hong Kong
Hong Kong cargo capacity reduced following a tightening of aircrew quarantine restrictions
Following latest aircrew quarantine measures imposed by the Hong Kong government in response to the increase in Omicron cases globally, cargo freighter capacity out of Hong Kong will reduce significantly throughout Q1 of 2022 with airlines minimising scheduled long-haul services.
Some airlines have announced an 80% reduction in capacity and even cancellation of all flights to Europe with only a couple of flights a month scheduled to the US (from Hong Kong) in the first quarter of this year.
In parallel and for aforementioned reasons, some airlines have also advised that temporary suspensions of passenger services between the UK and Hong Kong will be extended into February 2022, cancelling all bookings made up until then.
This overall reduction in capacity will severely impact cargo bookings and will likely increase cost due to significantly reduced space availability. We're working closely with our partner airlines on exploring alternative options to secure capacity on these routes and will continue to keep you updated.
If you have any questions or concerns, or would like to discuss your supply chain, please contact us here.
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