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Is There a Secondary Market for Shipping Capacity?
Air cargo is driven by passenger travel, which is like a whole different market. There's no futures market where you can short the price of containers. Without feer plans flying around the world due to the fireas that's a diminished capacity. We do seem to have bounced back a bit on passenger recreational leisure travel, but definitely not business travel,. And i think there's a lot of ambiguity about when, if ever, that will return to normal. The supply isfom comes from a different market. It doesn't come from cargo. 50 % of all the air cargo before the pandemic flew in the belly of these passenger planes. Those are going to fly it real quick next year