Bloomberg Intelligence predicts belly capacity from passenger air fleets won’t return to pre-pandemic levels before 2022.  Bloomberg says under normal circumstances, about 60 percent of global air cargo is flown in the belly hold of passenger flights. But with jets parked in deserts waiting out the pandemic, cargo volumes are down this year, whilst air freight costs have soared, with rates on the Hong Kong-North America route up 70 percent from early January.  According to Qantas, the May … [Read more...] about Asia’s airlines get creative to make space for cargo