Air Freight Services Category To Grow Substantially At A CAGR Of 6% Till 2030
Air Freight Services Procurement Intelligence In this air freight services procurement intelligence report, we have estimated the pricing of the key cost components. We have found that for an air freight service provider, the total cost of ownership can include - the cost of the aircraft body or carrier, fuel and energy, gross weight, dimensions and volume of the package, air freight rates and surcharges, pre-export charges, location or destination, number of items, labor, taxes, and tariff, and other costs. Operating expenses such as fuel, direct maintenance, depreciation, and labor can account for between 40 - 50% of the total cost. Fuel and energy costs alone can account for between 12 - 18% of the total cost. The rates for international air cargo prior to COVID-19 ranged between USD 2.50 - USD 5 per kilogram, depending on the type of cargo and available space. Air cargo rates reached an average of USD 4 - USD 8 per kilogram in February 2020 after COVID-19 caused severe di...