Weekly Air Operations Update: Shanghai to Europe, US and Australia 25/08/23

Shanghai to London

• Space has become tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is tight
• Rates have begun to rapidly increase due to a new launch of electronic products

Shanghai to New York

• Space has become tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is tight
• Rates have begun to rapidly increase due to a new launch of electronic products

Shanghai to Los Angeles

• Space has become tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is tight
• Rates have begun to rapidly increase due to a new launch of electronic products

Shanghai to Frankfurt

• Space has become tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is tight
• Rates have begun to rapidly increase due to a new launch of electronic products

Shanghai to Melbourne

• The market and air rates are currently stable
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Air rates are stable

Shanghai to Sydney

• The market and air rates are currently stable
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Air rates are stable

Market intel

• Etihad Cargo continues to boost China capacity
  

  ETIHAD Cargo has continued to expand freighter capacity out of China by adding a weekly Boeing 777 freighter service into Guangzhou in response to "increased demand for cargo capacity for China".

  Last week, the carrier added a weekly freighter flight to cargo specialist Ezhou Airport as part of its block space agreement with SF Airlines.

  The carrier now offers 10 freighter flights a week to mainland China, reports London's Air Cargo News.

  Etihad Cargo head of revenue management, fleet and network Leonard Rodrigues said: "With the introduction of a new freighter service between our Abu Dhabi hub and Guangzhou, combined with increased frequencies across China via Etihad Cargo's freighter services and the airline's passenger flights, customers and partners benefit from increased cargo capacity.

  "Expanding the carrier's reach into the Chinese market not only meets the increased demand for cargo capacity in this region but will also further strengthen ties between the UAE and China, providing more opportunities for increased collaboration between the two countries."

  A Guangzhou Baiyun International Airport spokesperson added: "The introduction of this all-cargo scheduled flight route will further enhance trade and logistics development between Guangzhou and Abu Dhabi International Airport, while strengthening connectivity between the Middle East, China, and other Belt and Road Initiative economies."

  In addition to the freighter flights to Ezhou and Guangzhou, the carrier also offers eight weekly freighter flights to Shanghai.

  Etihad Cargo however remains positive about the market. In a recent interview with Air Cargo News, Mr Rodrigues pointed out that China and the UAE have a strong relationship, which supported demand in the Middle East compared with other regions.

  He also praised the Etihad team covering the China market and pointed out that the carrier is smaller in scale than others making it easier to match supply and demand.

  The carrier is also expecting demand to pick up for the peak season and has noted increasing charter prices in recent months as companies gear up for increasing demand over the coming months. (Source: Air Cargo News)

• N. China
  With the new launch of Apple and other electronic manufacturers’ new products, space is tight and air rates have risen rapidly; this trend is expected to continue until the end of September.
  
  
• S. China
  With the new launch of Apple and other electronic manufacturers’ new products, space is tight and air rates have risen rapidly; this trend is expected to continue until the end of September.