BEIJING, March 30 ( Xinhua) — As governments charter flights to deliver medical equipment urgently needed to deal with the new coronavirus outbreak, charter costs are skyrocketing and the often tedious charter process has turned into a competitive auction,media reported.
“In the past few days, the price of charter flights has been pushed up from less than $300,000 four to six weeks ago to $600,000 to $800,000,” Anthony Lau, founder and chairman of the logistics company Pacific Aviation Agent (Hong Kong) Ltd., told the media. It’s totally crazy. “
He says chartering a Boeing 747 or 777 from Hong Kong to Europe usually costs $300,000 during off-peak seasons. And now, “prices are changing every hour, something we’ve never experienced before.” “