Air Freight across Iran / Middle East remains structurally disrupted, with minor operational stabilization observed since the weekend.
What we are seeing now is that the market is beginning to adapt operationally to the constraints, rather than being driven by daily shocks.
Airspace & Network Reality
Iran remains fully closed and non-operational, which continues to be the single biggest structural constraint. This removes the most efficient East–West routing option and forces all traffic into longer alternatives.
Airlines have now largely accepted that the southern corridor (Egypt → Saudi → Oman) is the new standard routing. At the same time, the northern corridor via Turkey and the Caucasus has become the second backbone.
The key changes since the last update:
- No reopening of airspace or structural change
- JED congestion slightly eased operationally, but still at high level
- MCT remains stable, but now consistently at full utilization
- Fuel topic becoming more visible in operations:
- Airlines adjusting uplift strategies
- Early signs of payload trade-offs
- Airlines maintaining strict cargo prioritization
Operational Stability:
- Reduced volatility compared to last week
- Fewer ad-hoc disruptions reported
- Routing patterns now fully standardized
System remains highly dependent on:
Capacity Situation:
Capacity has not recovered, but stabilized at a low level:
- Airlines are now operating with reduced but predictable networks
- Effective capacity still limited due to longer routings and airspace constraints
Market Behaviour:
The market has clearly transitioned:
- Airlines enforcing strict cargo prioritization
Reduced acceptance of:
- Low-yield cargo
- Flexible routing requests
- Strong focus on network efficiency and yield protection
- Taiwan shipments (semiconductors / wafers) receiving top priority
General Rates
- Rates remain stable at high level
- No major spike, but:
- fuel argument gaining weight in pricing discussions
- Surcharges continue unchanged
Taiwan → Europe
- Noticeable rate spike over last days
- Driven by:
- Increased semiconductor / wafer production output
- High urgency shipments (time-critical, high value)
- Limited available capacity
Strong competition for uplift ex-Taiwan; Premium pricing for secured capacity; Increased rollover risk for non-priority cargo
China → Europe (general)
- Rates stable at high level, but:
- Upward pressure returning through spillover from Taiwan
- Carriers reallocating capacity toward higher-yield Taiwan cargo
Reliability
Increased delays at key hubs (JED in particular); Higher dependency on planned connections; Reduced ability to recover from disruptions
Risk
Security risk unchanged (UAE remains key trigger point)
Compliance / insurance unchanged (LOI still critical)
Fuel risk increasing: Potential supply constraints; Impact on payload and routing