Indian Airports See Surge in Use by Bangladeshi Exporters Amid Rising Air Freight Costs
Some exporters are now using Indian airports as the neighbouring country’s air routes offer cheaper options
Are you ready for some high-flying drama in the world of international trade? Well, buckle up because Bangladeshi exporters are taking to the skies, quite literally, to navigate the pesky disruptions in traditional sea routes. With air freight costs soaring higher than a kite, these savvy exporters are spreading their wings and flocking to Indian airports for more affordable shipping options.
Air Freight Costs Reach New Heights
Picture this: air freight charges for container transport from Bangladesh to Europe and the US have skyrocketed by up to 150%! It's like trying to fit an elephant in a paper plane - simply not sustainable. With the demand for air shipments hitting the stratosphere due to delays in the Red Sea route, Bangladeshi exporters are feeling the financial heat to the tune of Tk20 crore daily. Ouch!
- Exporters Are Flying High: Some exporters are now opting for Indian airports as they offer comparatively cheaper air routes. It's like finding a golden ticket in a sea of pricey airfares.
- Red Sea Insecurity Takes a Toll: Major sea freight firms are dodging the Red Sea and Suez Canal due to security concerns, leading to longer routes and delayed shipments. It's like taking the scenic route but without the picturesque views.
- Air Freight Costs Hit the Stratosphere: Airfreight expenses for shipments bound for Europe and the US have more than doubled in recent months. It's like paying for a luxury suite but getting a bunk bed in return.
Indian Airports to the Rescue
When the going gets tough, the tough get going to Indian airports! With the capacity crunch at Dhaka airport and a surge in demand for air cargo, Bangladeshi exporters are spreading their wings to Indian airports like a flock of migratory birds. It's all about finding the path of least resistance in the turbulent skies of international trade.
Indian exporters, on the other hand, are feeling the heat as Bangladeshi shipments flood their airport terminals. It's like a game of musical chairs, and everyone wants a seat at the table. With cargo rates rising and wait times increasing, tensions are flying higher than a paper plane caught in a storm.
Future Flight Plans
But fear not, dear readers, for the future looks bright in the world of air cargo. With plans to enhance cargo handling capacity at Dhaka airport through the opening of a third terminal, the skies are the limit for Bangladeshi exporters. It's like upgrading from economy class to first class, with all the bells and whistles included.
So, fasten your seatbelts and get ready for a turbulent ride through the clouds of international trade. With Bangladeshi exporters taking to the skies and Indian airports buzzing with activity, the world of air cargo is in for a wild ride. Bon voyage!
Hi, Ali Rahman in the house! From Chittagong, Bangladesh, I've been on a wild ride from Banskhali Bangabandhu High School to Govt. Alaol College and beyond, landing me at National University. Now, I'm here to dish out the lowdown on national issues and global news. Stick around for a fresh take on what's shaking up our world! Connect With Me