China’s airfreight industry reaches new heights

SHENZHEN: The airfreight industry on the Chinese mainland has experienced remarkable growth, with passenger travel still in the doldrums during the pandemic.

This expansion has been driven by strong global demand for medical supplies to combat Covid-19 and the exponential growth of e-commerce, with more people working, shopping and seeking entertainment online.

The mainland has also been one of the first areas worldwide to make a strong rebound from the pandemic.

The air cargo sector appears poised for another boost this year from the massive distribution of Covid-19 vaccines around the world.

Last year, Shenzhen Bao’an International Airport in Guangdong province was ahead of its rivals, with its freight volume growing 9%-the fastest rate among the country’s top five air cargo airports. The facility is also expected to outperform most of the world’s top 10 air cargo hubs, which recorded slowing growth in the first half of last year.

Meanwhile, cargo throughput at Hong Kong International Airport was down 6.99% last year compared with 2019.

The robust growth at Shenzhen airport looks set to help it retain its newly found edge in handling freight during the post-pandemic recovery period. The airport has opened eight new international routes for cargo-the biggest addition to its list of such destinations for seven years.

With its total annual cargo volume reaching 1.4 million metric tons, the airport ranked third in China last year, and featured among the world’s top 30 in 2019.

It has been quick to seize opportunities after the initial shocks of the pandemic buffeted the aviation industry.

Zhang Jinlin, a manager at the airport’s international cargo center, said he was surprised by the dramatic change in the business outlook last year.

In February and March last year, operations at the airport hit rock bottom because of the pandemic, forcing Zhang to work mostly from home.

However, he said the turnaround came in April, when the airport apron was packed with aircraft from different countries. Zhang said he had never seen some of the planes, including an Antonov AN-124, the world’s second-largest cargo aircraft, in the 16 years he had worked at the facility. Some of the aircraft had been previously requisitioned for military use.

One company even sent a fleet of six planes to the airport on a single mission.

Face masks, testing kits and ventilators were flown from the airport to other parts of the world to help people in need at a time when the pandemic was being brought under control in China but was raging elsewhere.

At China’s busiest airports, including Shenzhen’s, there was acute demand for exports of medical supplies to fight the pandemic.

Air cargo demand remained strong last year, but the supplies being shipped changed as the world entered a new phase in the battle against the virus.

Initial demand for anti-pandemic supplies was followed by orders for e-commerce goods, ranging from fitness equipment to gardening tools. Demand for such items was strong in developed countries with burgeoning “stay-at-home” economies. — China Daily/ANN

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

Next In Business News

Proton spends over RM200mil on new stamping facility
Pekat Group seeks listing on Bursa Malaysia's ACE Market
FBM KLCI rebounds to end above 1,600-level
Govt approves RM1.38bil for Penjana SME programme as of April 9
RAM raises 2021 inflation forecast to 3%
Bank Negara foreign reserves rise to US$109bil
Coffee, dairy help Nestle post strongest quarter in a decade
Oil extend losses into 3rd day on U.S. stock build, pandemic fears
Strong Asia growth powers Hermes sales in Q1
PIC to contribute 10-15% to PetChem's revenue in FY22

Stories You'll Enjoy