Weekly Air Operations Update: Asia to Europe, US and Australia 11/04/25

General overview:

Due to the impact of the US tariff policy, the air freight market this week is stable. The export volume and the air rates are also stable. With the approaching of Easter holiday, air rates are expected to drop slightly during the holiday period.

Shanghai to London

• Airport operations are currently normal
• Haulier service is normal
• BA announced the resumption of daily flights ex Pudong/Shanghai in April.
• Weather is normal
• Space is open
• Air rates are stable

Shanghai to New York

• Airport operations are currently normal
• Haulier service is normal
• No flight cancellation
• Weather is normal
• Space is open
• Air rates are stable

Shanghai to Los Angeles

• Airport operations are currently normal
• Haulier service is normal
• No flight cancellation
• Weather is normal
• Space is open
• Air rates are stable

Shanghai to Frankfurt

• Airport operations are currently normal
• Haulier service is normal
• No flight cancellation
• Weather is normal
• Space is open
• Air rates are stable

Shanghai to Melbourne

• Airport operations are currently normal
• Haulier service is normal
• No flight cancellations
• Weather is normal
• Space is open
• Air rates are stable

Shanghai to Sydney

• Airport operations are currently normal
• Haulier service is normal
• No flight cancellations.
• Weather is normal
• Space is open
• Air rates are stable

Market intel

Air cargo's hope fades as 'fast fashion' profits fall.

AIR cargo's best hope, leading "fast fashion" brand Shein saw its profits drop by more than a third last year, adding to the group's challenges ahead of a long-planned IPO that would have been one of the biggest, reports London's Financial Times.

Singapore-based Shein's net profit shrank by almost 40 per cent to US$1 billion in 2024

Sales for the full year increased by 19 per cent to $38 billion, according to the people, one of whom added that the figures were from internal projections ahead of finalised accounts.

As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8 billion in net profit and $45 billion in sales the company had projected for 2024 in a presentation to investors in early 2023, which was seen by the FT.