Air freight prices are expected to decrease, but a complete recovery is still several months off.

The US-Iran ceasefire is anticipated to provide temporary relief to the struggling air freight market, but a full recovery to pre-conflict capacity and pricing could take one to two months, according to freight intelligence firm Xeneta. Airspace restrictions from the conflict have drastically reduced airline capacity, causing spot rates to spike significantly across various routes. Although falling jet fuel prices may help lower rates, the restoration of air capacity will take time. Additionally, passenger confidence in Middle Eastern destinations is crucial for airlines, as their financial health impacts freight networks.