trade route
Guangzhou-based China Southern Airlines,which commenced serving the Shanghai - Frankfurt route four times aweek last December. The carrier is utilising its brand new103-tonne payload B777-200 freighters, after having shelved plans to introduce the aircraft formore than a year due to the sluggish demand caused by the global crisis. Also fairly newto themarket is the four times aweek B747- 400F service introduced to and fromFrankfurt by Tianjin- based all-cargo carrier Grandstar Cargo – a joint venture between Sinotrans Air Transportation, Korean Airlines and two Chinese investment companies. Meanwhile, there is a growing trend that is seeing a number of agents refrain fromad hoc bookings in favour of arranging capacity
agreementswith carriers instead. This has been the case with French forwarder Gefco, for instance,which inked a one-year dealwith Air China in February to secure the continuous flowof its air freight shipments on routes between Shanghai and Frankfurt aswell as on Shanghai - Paris CDG. The agent/airline accord has been signed to cover freight transportation in both directions – westbound and eastbound. But that agreement is a small ray of sunshine in amarket
that still remains greatly imbalanced in the tonnage movingwestwards between China and Germany and the eastbound flows of cargo going fromEurope into China. Even so, there are strong signs of a gradual recovery in the volumes being shipped fromGermany’smajor Frankfurt, Cologne Bonn and Leipzig/Halle air gateways to China. With a yearly total of 2.7million tonnes forecast, the Asia
Pacific regionwill be the largestmarket for the European air freight industry, predicts Frankfurt- based analyst Aviainformin its present survey. According to Aviainform managing director Dirk Steiger, exports are expected to growby 7.4
percent in 2010 compared to last
year, thereby reaching approximately 1.5
million tonnes.
AIR LOGISTICSCHINA 31
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