Asia is a potential market for air transport to grow. With cargo volume continuously growing recently, Airbus has forecast that in the near future, Asia will need 400 more wide-body aircraft to carry cargo in the segment of over 40 tons of cargo, accounting for 25% of the global wide-body aircraft. In this article, we will explore the role of air transport in the Asian market in terms of economic and trade development in this region so that we can see the dramatic change happening in this industry.
Source: Airbus
The role of air freight in the Asian market
Air freight plays an important role in getting goods quickly and efficiently across the globe and the Asia region is no exception. The aviation market in Asia has become a significant force, making an important contribution to the opening up of trade opportunities in the region.
Bring economic efficiency
Thanks to the strong economic recovery in the region, the air cargo industry in Asia is also undergoing a significant development. This region is not only experiencing an increase in demand for freight transportation, but also a place where the world’s major businesses are interested and invested.
Contribute to the development of e-commerce
The explosion of e-commerce has created many new opportunities for airlines in Asia. The strengthening of online sales networks and the transportation of goods from producing countries to Asian consuming countries are creating a heavy burden on the air transport industry. This once again enhances the status and role of air transport in Asian trade markets.
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Opening up new commercial opportunities
The development of air transport has opened up new trade opportunities in Asia. Businesses can access new markets, expand internationally and open up more business opportunities. This also facilitates the development of cooperation among countries in the region, boosting import and export activities and boosting the manufacturing industry.
Ensuring the operation of regional supply chains
Air transport not only plays an important role in creating trade opportunities, but also contributes to maintaining an efficient global supply chain. Especially in the context of the COVID-19 pandemic, air transport has been under great pressure but still ensures the continuous transportation of medical goods and essential items. Here is perhaps the clearest demonstration of the important role of air transport in the Asian market.
And to strengthen and enhance the position of the air transport industry in Asia, airlines are constantly applying new technologies to their operations. The use of artificial intelligence, automation, and blockchain are all creating new breakthroughs, helping to minimize delays and enhance accuracy in the process of transporting goods.
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Above are HDG Logistics’ comments on the role of air transport in the Asian market. We look forward to receiving comments from customers, partners as well as readers on this topic.
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