US airlines are reluctant to resume China routes they suspended during the pandemic, auguring tight capacity to meet e-commerce demand.
In response to rampant travel demand, airlines have been adding capacity at a brisk clip. The second half of 2023 and January saw double-digit annual growth in cargo capacity driven by a surge in passenger flights that is showing no signs of abating. However, the US-China sector is only witnessing sporadic expansion, which threatens to fall short of cargo demand (source: The Loadstar).