March 30, 20 - 9:36 am - LABS

Air freight prices skyrocket 1,000% due to decrease in flights

Air freight prices in Brazil are skyrocketing after the number of passenger flights declined sharply as a consequence of travel restrictions . Air cargo rates spiked up to 1,000% on cargo planes due to COVID-19, according to Exame.

Cargo being loaded onto a passenger airplane
Cargo being loaded onto a passenger airplane. Photo: Jaromir Chalabala/Shutterstock

The surge in freight prices makes it difficult to distribute cargo from various sectors, including urgent material and newspapers and magazines, which are among the essential services defined by the Brazilian government in a recent decree.