Shahe Ouzounian, chief operating officer, Chapman Freeborn, answers:
“I am hoping there is a flattening out of a general decline in the supply side – and that we can actually look forward to a more stable period for those carriers and brokers that add value. I expect consolidation and stability on the freight forwarding side. Regarding airlines, I think we are going to see a bit more stability and hopefully, the strong survivors enhancing value with what they bring, rather than the weaker players disturbing a market situation for the short period they are around – because that has certainly been a factor. We've had some airlines with crazy business models. A lot of them are gone, but they have affected the competitive environment. I think it is very, very important that at times like this that the revenue from the market goes to sustainable businesses that are going to be there in the future – those that committed to the sector.”
