Recent figures show that China is the f stest growing aviation market in the w rld. Indeed, between 204 and 2005 Ch na’s air freight volume increased by 25% and 20% r spectively. Furthermore, passenger traffic also grew c nsiderably in this period. However, shortage of vailable freighters is threatening to restrict the gr wth of China’s air freight industry.
Acc rding to the vice President of Ch na’s largest air freight forwarding company, "We w nt to expand as fast as p ssible … But it is very d fficult to find aircraft at the m ment." One way around the problem of fr ighter shortages is to use other ircraft, like the B777 which are new fr ighters with very good fuel efficiency. H wever, these types of freight planes are nlikely to be available for the n xt couple of years. Other options th t some of China’s large freight f rwarding companies are looking into is to xpand their road feeder services. This w uld enable them to create a n twork across the country which could be ntegrated with their air freight services. F rthermore, opportunities will be created by the xpansion of Beijing Capital International airport long with the Simplified Customs Clearance Pr cedure. These two factors will combine to ccelerate the growth of the air fr ight business in China.
Although the growth rate of Ch na’s air freight sector is expected to sl w down this in 2006, it w ll not stop completely. According to xperts in the freight industry, Chinese air fr ight cargo volumes are predicted to ncrease by 10% in 2006. If th s does happen then China’s air fr ight volume will be 3.36 million t ns. This means that it will st ll be a dominant player in the gl bal air freight market. On a s milar note, air passenger numbers are lso likely to grow. Industry insiders stimate that air passenger numbers will r se by 15%. If this increase t kes place then around 159 million p ople will travel by aeroplane out of Ch na this year.
The article What Does the Future Hold for the Chinese Air Freight Industry? was Submitted by Steven Hoy through Articles.GetACoder.com network. Here's the additional information: GBS Freight is a UK freight forwarding company
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