By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Russia’s invasion of Ukraine Increases Air Cargo costs Globally
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Have an existing account? Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2024 | All Rights Reserved
Travel Radar - Aviation News > News > Russia’s invasion of Ukraine Increases Air Cargo costs Globally

Russia’s invasion of Ukraine Increases Air Cargo costs Globally

Jasmine Adjallah
Last updated: 6 March 2022 18:15
By Jasmine Adjallah 3 Min Read
Share
Air cargo
SHARE

Since Russia’s invasion of Ukraine last week the cost of transporting goods by air has surged, adding to the logistical complexity and cost for the air cargo industry. 

This is primarily due to airspace restrictions, and the lingering aftereffects of COVID as the industry still struggles to recover. 

The conflict has also had the effect of driving up fuel prices, which is also crucial to the running of aircraft. 

Jet fuel prices in the United States reached the highest in more than a decade this week, exuberating the problem. 

Why is this happening? 

Europe, Canada, the US, UK and Baltic and Nordic states have all banned Russian aircraft from entering its airspace since the invasion of Ukraine on 20th February. Russia has responded since then, banning British aircraft from Russian airspace with a total of three dozen airlines internationally. 

Because of these airspace restrictions, carriers are forced to take alternative tedious routes to avoid Russian airspace and, to remain cautious, avoid Ukraine, Belarus and Moldova. 

These alternative routes are longer and increase flying time and fuel consumption, causing carriers to spend more money in response. 

What worsens matters is the fact that air cargo demand and prices had already been on the rise for the past two years.

The effect of rising costs 

Carriers are responding differently. 

KLM Royal Dutch Airlines and United Parcel Service (UPS) have opted to fill their planes with pricer fule for longer Asia routes to avoid Russia. 

Air cargo rates from China to Europe jumped 80% this week, the highest since October 2021.

The U.S ban of Russian aircraft entering its airspace, announced during President Biden’s first State of the Union last Tuesday, included Russian cargo giant Volga-Dnepr. 

Outside the U.S, all Western companies have lost access to Volga-Dnepr for the same reason.

The war in Ukraine has also had the effect of reducing cargo capacity at a crucial time when the supply of air cargo is still struggling to recover to post-COVID cutbacks. 

Those most affected are shippers with outsize and heavy cargo that doesn’t fit well in regular cargo jets. 

Chicago-based Seko Logistics, which specialise in global supply chain solutions, predicted that air cargo rates will be from 30 – 50% higher this month compared to February.

Sooner rather than later, higher transportation costs are likely to start impacting regular consumers as it continues to become more expensive for cargo to travel and reach consumers by air. 

What do you think about the rising cost?

You Might Also Like

Delta and Korean Air to Acquire Minority Stakes in WestJet

Domestic US flights now require a Real ID

Finnair Launches New Destination of Kirkenes

Hawaiian Airlines and Disney Reveal Lilo & Stitch Livery

Belfast International Airport Unveils First Upgrade in £100 Million Plan

Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Jasmine Adjallah
By Jasmine Adjallah
Jr Reporter - Aspiring to work in a journalism, PR, Communications/media role, Jasmine is using her gap year as an opportunity to learn, gain experience and grow as a person. Interested in the sports, aviation and broadcasting world. At Travel Radar she is a Jr. Reporter working with the publication over Summer 2022.
Previous Article Sheremetyevo International Airport Russia halts Foreign Flights to Stop International Seizure
Next Article Boeing to Ramp Up 737 Max Production
12 Comments
Subscribe
Login
Notify of
guest
guest
12 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments
isabella.taylor
isabella.taylor
4 months ago

This post serves as a comprehensive guide. I’ll be bookmarking it for future reference.

0
Reply
best online payment
best online payment
4 months ago

The actionable advice offered here sets this post apart. It’s not just informative but also practical.

0
Reply
mani rahnama founder
mani rahnama founder
4 months ago

Kudos to the author for presenting complex ideas in a clear and concise manner. It makes the content easily digestible.

0
Reply
mani rahnama founder
mani rahnama founder
4 months ago

I appreciate the inclusion of recent trends and developments, keeping the content current and relevant.

0
Reply
christopher
christopher
4 months ago

Well-researched and thoughtfully written. This post is a valuable resource for anyone interested.

0
Reply
mani rahnama
mani rahnama
4 months ago

This blog post effectively addresses common misconceptions, debunking myths with solid evidence.

0
Reply
best chargeback prevention
best chargeback prevention
3 months ago

Kudos to the author for presenting complex ideas in a clear and concise manner. It makes the content easily digestible.

0
Reply
best chargeback protection
best chargeback protection
3 months ago

The actionable advice offered here sets this post apart. It’s not just informative but also practical.

0
Reply
payment system
payment system
3 months ago

The comment section here reflects a community engaged in meaningful discussions. It’s great to see readers sharing their perspectives.

0
Reply
mani rahnama business man
mani rahnama business man
3 months ago

The comment section here reflects a community engaged in meaningful discussions. It’s great to see readers sharing their perspectives.

0
Reply
best online payment
best online payment
3 months ago

I particularly liked how this post dives deep, providing a holistic view.

0
Reply
Mani Rahnama
Mani Rahnama
2 months ago

I appreciate the inclusion of recent trends and developments, keeping the content current and relevant.

0
Reply

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Air Canada aircraft and The Landline Company motorcoach
Air Canada and The Landline Company Extend Agreement for Luxury Land-Air Connections
Airlines Airports Aviation Travel
© Dream of Travel Writing
How travel can be a learning experience
Did You Know Travel Radar
© National Geographic
Travel as a Topic for a Reflective Essay
Did You Know Travel
A photo of United Airlines Boeing 767-300 gets loaded at Chicago O'Hare
United Airlines Ventures Invests in Twelve for Sustainable Aviation Fuel
Airline Economics Aviation Technology
Great Mosque of Cordoba © Shutterstock
Abbas Sherif Alaskari: Exploring the World with an Architect’s Eye
Aviation Did You Know Travel
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • About Us
  • Contact Us
  • Careers
  • Press & PR
  • Privacy & Legal

Our Content

  • News
  • Data
  • Images
  • Jobs
  • Subscribe

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Click here to Signup!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
AdBlock Detected
Ads help us bring you high-quality, independent journalism for free. Support us by whitelisting us from your ad blocker.
Okay, I'll Whitelist
Welcome to the TR Community!

Sign in to your account

Register Lost your password?