industryreport
Charter business
Antonov AN-225 charter operation to
transport outsize oil and gas equipment.
remains crucial
Twinkle
Sahita
A
Besides the point to point scheduled services market, charter
has not lost its place in the industry. However, just like the air
cargo sector, freight charter business has also become more
challenging than previously.
midst the tough air cargo
market scenario, charter still
remains a crucial business. The
charter business is increasingly about responding to unpredictable
events, whether it’s a production line going down or a humanitarian situation. This
was clearly seen in the last weeks with the
Hanjin Shipping collapse.
However, the charter business has
always been challenging. Currently, it is
more challenging than previously due to
unpredictable demand scenario. Markets
are changing all the time.
The cost of charter, b