‘Airfreight ex-India to Europe and West Asia has jumped about 30-45 %’

Amit Maheshwari, Founder and CEO, Softlink Global said, “Since Iranian airspace closed on 13 June, spot airfreight ex-India to Europe and West Asia has jumped about 30-45 %, and forwarders warn surcharges could touch 50 % if the stand-off drags on. High-value, time-critical loads—pharmaceuticals, electronics, auto parts and perishables—are scrambling for capacity. Eurocontrol data shows 1,800 flights were cancelled or diverted on day one, trimming export bookings and tonnage by mid-single digits already. Reroutes via Egypt or Turkey add 90 minutes to three hours of flying, stretching door-to-door schedules by roughly a full day and lifting insurance premiums further.”