The diversion of container ships from the Suez Canal to the Cape of Good Hope, prompted by attacks from Yemeni Houthi forces, is causing a spike in air transport volumes between Asia and Europe. This increase in air freight, in addition to raising cargo rates, is clogging Indian airports, according to a report by The Loadstar. Specifically, airports in Delhi and Mumbai are reportedly affected, as noted by a source from Air India.
In February 2024, cargo volumes departing from Delhi's cargo city saw a 43% increase, primarily towards Europe. Another source, the shipping company Ligi Logistics, told the newspaper that the average transit time to Europe is now at least five or six days. Further reports indicate a thirty percent increase in freight rates from India to Europe. A significant surge has been noted in the flow of ready-made garments arriving by road to Delhi from Bangladesh for air shipment.
