What Does the Future Hold for the Chinese Air Freight Industry?

Recent figures show that China is the fastestcreate a network across the country which could be
growing aviation market in the world. Indeed,integrated with their air freight services.
between 204 and 2005 China's air freight volumeFurthermore, opportunities will be created by the
increased by 25% and 20% respectively.expansion of Beijing Capital International airport along
Furthermore, passenger traffic also grew considerablywith the Simplified Customs Clearance Procedure.
in this period.These two factors will combine to accelerate the
However, shortage of available freighters isgrowth of the air freight business in China.
threatening to restrict the growth of China's airAlthough the growth rate of China's air freight sector
freight industry.is expected to slow down this in 2006, it will not stop
According to the vice President of China's largest aircompletely. According to experts in the freight
freight forwarding company,industry, Chinese air freight cargo volumes are
"We want to expand as fast as possible ... But it ispredicted to increase by 10% in 2006. If this does
very difficult to find aircraft at the moment."happen then China's air freight volume will be 3.36
One way around the problem of freighter shortagesmillion tons. This means that it will still be a dominant
is to use other aircraft, like the B777 which are newplayer in the global air freight market.
freighters with very good fuel efficiency. However,On a similar note, air passenger numbers are also
these types of freight planes are unlikely to belikely to grow. Industry insiders estimate that air
available for the next couple of years.passenger numbers will rise by 15%. If this increase
Other options that some of China's large freighttakes place then around 159 million people will travel
forwarding companies are looking into is to expandby aeroplane out of China this year.
their road feeder services. This would enable them to