From The US To China: Lufthansa Cargo Sets Sights On Asia As Transatlantic Demand Drops

Lufthansa Cargo is now banking on Asian freight demand as the North Atlantic begins to dry up. Particularly during and after the COVID-19 pandemic, passenger airlines had shifted further towards their existing or newly created air cargo businesses to capitalize on the growing worldwide demand. It was also a safer bet: worldwide freight needs to continue to flow even if lockdowns limit passenger travel. The air cargo market is facing a bit of a slowdown now, though, particularly when it comes to destinations in North America.