Passenger airlines impacted by the collapse in travel are looking to take advantage of the current demand in cargo movements.
American Airlines launched it's first scheduled cargo flight cargo flight last week on a wide-body Boeing Co. 777-300 passenger plane that can carry more than 100,000 pounds of freight. Global carriers including Delta Air Lines, Korean Air Lines and Qantas Airways also are running passenger aircraft on freight-only flights in certain lanes.
Deutsche Lufthansa, which has cut 95% of its passenger flights but continues to operate its freighter fleet, says it may use some of the passenger planes to move cargo.
The Ligentia air freight team are seeing rates surge on key trade lanes, including routes in Asia where production is starting back up even as industrial operations in Europe and North America shut down.