Cargo Carriers Cutting Back: The Shift in Air Freight

The air cargo industry is going through a rough patch. AirExplore, a Slovakia-based airline, is pulling back from cargo flights. Why? Because there isn't enough demand for the type of planes they use for cargo. The airline is now focusing more on passenger flights. This isn't the first time a smaller airline has done this. Other airlines have also cut back or stopped their cargo services. There are too many standard-sized cargo planes and not enough packages to fill them. AirExplore is part of a bigger company based in Lithuania. A few weeks ago, they released a statement. It was vague. It talked about changing their cargo plans to match the market. This news was hidden in a bigger announcement about increasing passenger flights. The airline is reducing its cargo planes by two or three. They are returning some planes to their owners and renting out others. This is all because their cargo business has slowed down. They are still looking for long-term deals for their remaining planes.The airline industry is always changing. Right now, it's tough for cargo carriers. There are too many planes and not enough packages. This is a problem for smaller airlines. They can't compete with the big ones. They don't have the same resources. So, they have to make tough decisions. Like AirExplore, they might have to cut back or stop their cargo services. It's a tough world out there for cargo carriers. They have to be smart and adapt to survive. The air cargo industry is facing a big challenge. There are too many planes and not enough packages. This is a problem for smaller airlines. They can't compete with the big ones. They don't have the same resources. So, they have to make tough decisions. Like AirExplore, they might have to cut back or stop their cargo services. It's a tough world out there for cargo carriers. They have to be smart and adapt to survive.