Disruptions in airspace over the Middle East are reducing global air cargo capacity.

As of March 4, escalating tensions in the Middle East have severely impacted global air cargo operations, leading airlines to suspend flights and reroute aircraft. Airspace closures in several Gulf states have disrupted both passenger and cargo services, resulting in reduced freight capacity and increased uncertainty in global logistics. Some carriers have declared force majeure, suspending service guarantees. Consequently, air freight capacity has tightened, and transit times are expected to rise on routes typically using Middle Eastern airspace, with ongoing volatility in capacity and freight rates anticipated.