Weekly Air Operations Update: Shanghai to Europe, US and Australia 29/09/23

Shanghai to London

• Space is very tight and rates are rising
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Rates are increasing rapidly due to the launch of electronic products

Shanghai to New York

• Space is very tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Rates are increasing rapidly due to the launch of electronic products

Shanghai to Los Angeles

• Space is very tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Rates are increasing rapidly due to the launch of electronic products

Shanghai to Frankfurt

• Space is very tight and rates are rising rapidly
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Rates are increasing rapidly due to the launch of electronic products

Shanghai to Melbourne

• Space is very tight and rates are rising
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Rates are being increased rapidly due to the Golden Week holiday

Shanghai to Sydney

• Space is very tight and rates are rising
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Rates are being increased rapidly due to the Golden Week holiday

Market intel

• Boeing expects China to make up 20pc of its new plane demand
  

  CHINA will account for a fifth of the world's new aircraft deliveries over the next 20 years, driven by above average economic growth and booming demand for domestic air travel, according to Boeing, reports Bloomberg.

  In its Commercial Market Outlook, the US planemaker said China will need 8,560 new commercial aircraft through 2042, including 6,470 narrowbodies such as the 737 Max.

  Two-thirds of the new deliveries will be for fleet growth, while the rest will replace older jets. As such, China's commercial fleet will more than double to nearly 9,600 planes over the next 20 years, Boeing said.

  Boeing's China business was badly hurt by the grounding of its top-selling 737 Max long after the jet was allowed to resume flying in most other places. Last month, people familiar with the matter told Bloomberg News that the company was preparing to start China deliveries again for the first time in four years.

• N. China
  

  Due to the National Day and Golden Week holiday, air rates are at a very high level this week and space is very tight. Due to the stable export volume of e-commerce cargo, it is expected that the space of air freight will be in short supply this year, and the air rates will be at a very high level.
  
  

• S. China
  

  Shenzhen airport is promoting the upcoming construction of a “digital express logistics park” and working with Chinese customs officials to digitise the express mail process in response to the rapid growth of cross-border ecommerce volumes.