WEEKLY NEWS


AIR CARG O WEEK


INSIGHTS FROM INDUSTRY LEADERS


BY Ajinkya GURAV 04


SHAPED by dynamic market forces, evolving consumer demands, and geopolitical shifts, the global air cargo industry is in the midst of a transformative period. South East Asia has emerged as a pivotal region for air cargo, driven by its robust manufacturing base and burgeoning e-commerce sector. Highlighting the region’s strategic significance,


Joanna Li, Executive Director – Commercial and Business Development at HACTL, stated:


presents both challenges and “South


East Asia continues to be a crucial link in the global supply chain, but the region’s fragmented logistics infrastructure


opportunities for innovation.” Improved


airport connectivity digitisation


ensure the seamless movement of goods, particularly as e-commerce volumes surge post-pandemic. “The key is not just reacting to change but anticipating it,” Li said. “At HACTL, we are investing heavily in predictive analytics to better forecast demand and adapt our operations accordingly.” China’s dominance in the air cargo sector remains


unchallenged, with its vast manufacturing capabilities and extensive export network. Ray Cheuk, Country Manager for Hong Kong - Cargo Commercial at Etihad Cargo, remarked: “China is not just a player; it is the anchor of the global air cargo market. However, its


influence extends beyond exports—Chinese


companies are heavily investing in neighbouring South East Asian countries, further integrating the region into its logistics network.”


Modernisation and expansion Vikram Vohra, Regional Director – Far East


at


Saudia Cargo, provided insights into how airlines are responding to the evolving demand patterns: “The need for specialised freighter aircraft is growing, especially in regions like South East Asia, where the demand for temperature-sensitive cargo is on the rise.” Adding to this, Oliver von Tronchin, Senior Director of Freighter Marketing at Airbus, pointed to how


ACW 16 DECEMBER 2024 www.aircargoweek.com and


technological advancements in freighter design are addressing industry pain points. Our focus has been on developing fuel-efficient and high-capacity freighters that align with the industry’s sustainability goals,” he said.


Collaboration and innovation Consensus on the importance of collaboration and innovation to navigate the industry’s challenges is key. Li


stressed the need for closer


partnerships


between airlines, governments, and tech providers, stating:“Collaboration will be the cornerstone of the next decade for air cargo.” Cheuk echoed this sentiment, emphasising the role


of data sharing and AI-driven solutions in optimising operations: “Air cargo will continue to evolve, driven by technology, sustainability, and collaboration. It’s an exciting time to be part of this industry.” Meanwhile, Vohra added that, “while challenges will


persist, they also present opportunities to innovate and grow. The key lies in staying proactive and resilient.” As Von Tronchin aptly summarised, “The world of


air cargo is changing rapidly, but with change comes opportunity. Those who innovate and collaborate will lead the way.”


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