10/24/2018

ASIA'S E-COMMERCE AERIAL


ASIAN AIRLINES have an outsized role air freight, accounting for nearly 40 percent of the global market as the region is a major manufacturing hub and e-commerce is growing............

E-COMMERCE is growing at pace in populous Asia, driven by Chinese behemoth Alibaba Group and rival JD.com

And Boeing on Monday forecast air cargo traffic would double over the next 20 years.

Strong e-commerce demand is fueling Asia's air freight market, with the US-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday.

E-commerce is growing at pace in populous Asia, driven by Chinese behemoth Alibaba Group and rival JD.com, as well as others such as Japan's Rakuten, sponsor of Spanish soccer giants FC Barcelona.

But the flow of goods has been threatened this year by the United States imposing import tariffs on billions of dollars worth of Chinese goods to redress what it regards as  unfair trade relations with China's government responding in kind.

''I think right now we are probably going to see a  pretty strong fourth quarter,'' Randy Tinseth,  Boeing Co's vice president for commercial airplane marketing, said on the sidelines of an industry conference.

''The economy today has been very, very strong. Frankly in anticipation of this geopolitical situation I think people are just going out and moving cargo quickly.''

Asia-Pacific air cargo volume rose  4.8 percent in January - August,, showed data from the  Association of  Asia Pacific Airlines [AAPA].

That was lower than last year's 9.8 percent but came a higher comparison base at a time of record shipments, said AAPA Director General  Andrew Herdman.

''Given this short-term effect of scrambling to meet deadlines for tariff imposition and so on we are seeing pockets - lanes and channels - where demand is stronger than expected.

For the next several months the cargo picture remains relatively robust. The question is what will the outlook for next year will be.'' [Agencies]. 

The honor and serving of the latest operational research on e-commerce continues

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