Stefan Paul, CEO of logistics giant K+N, has warned that a significant portion of global air freight capacity is being removed from the market, potentially leading to gridlock at Asian airports. He stated that nearly 20% of global air freight capacity, encompassing both bellyhold space on passenger planes and dedicated freighter aircraft charters, has been sidelined. This reduction is attributed to the closure of Middle Eastern airports and other flight cancellations stemming from the ongoing conflict in the region.