GLOBAL ECONOMIC DIFFICULTIES ARE A MAJOR CONCERN FOR THE AIR FREIGHT BUSINESS
The Russia-Ukraine war, according to Glyn Hughes, director general of The International Air Cargo Association (Tiaca), has only made the sector's problems worse. Since the worldwide pandemic's breakout, the business has had to cope with some difficult obstacles, he said.
“We do anticipate more favorable conditions for demand during the third and fourth quarters of the year. In addition, the continued return of international passenger demand is adding more belly capacity to the global network options.”
“What we must do better as an industry is to further embrace technology and automation as staffing remains a challenge. Customers are demanding increased transparency and predictability, and we must introduce more digital solutions in response.”
“We are also experiencing difficulties in recruiting the much-needed talent to drive this industry forward, with vacancies arising in almost every aspect of the industry, from technical to commercial, from drivers to warehouse staff, from customer service to product development. Addressing this challenge is crucial for future industry success.”
While dealing with all the issues, Africa also faced some difficulties that had an impact on air freight, including a very high tax regime, a lack of rule harmonization, a disjointed continental approach to air cargo, and the absence of a single common trading market, according to Hughes.
Worldwide chaos has been caused by airline personnel shortages, which have forced airlines to cancel flights. Due to staff reductions caused by the Covid-19 epidemic, there are shortages now that demand has nearly returned to pre-pandemic levels.