Weekly Air Operations Update: Shanghai to Europe, US and Australia 12/05/23

Shanghai to London

• Passenger capacity continues to recover with a significant increase expected in the summer from Europe, North America and Asia; the added belly capacity will likely impact rates in Q3
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Rates are up slightly this week

Shanghai to New York

• Passenger capacity continues to recover with a significant increase expected in the summer from Europe, North America and Asia; the added belly capacity will likely impact rates in Q3
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• East USA rates are increasing

Shanghai to Los Angeles

• Passenger capacity continues to recover with a significant increase expected in the summer from Europe, North America and Asia; the added belly capacity will likely impact rates in Q3
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• West USA rates are increasing

Shanghai to Frankfurt

• Passenger capacity continues to recover with a significant increase expected in the summer from Europe, North America and Asia; the added belly capacity will likely impact rates in Q3
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Rates are up slightly this week

Shanghai to Melbourne

• Space on the Australia route is tightening due to electronics manufacturers launching new products, and prices are rising
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Air rates are rising slowly

Shanghai to Sydney

• Space on the Australia route is tightening due to electronics manufacturers launching new products, and prices are rising
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Air rates are rising slowly

Market intel

• China's smartphone shipments drop in first quarter of 2023

  APPLE and its Android rivals saw sales slide in the first quarter in China, reports research firm Canalys as consumers continued to tighten their belts despite the lifting of Covid restrictions, reports Reuters.
  
  The iPhone maker was the top-selling brand over the first three months of the year, with 20 per cent market share. But its overall shipments in China fell to 13.3 million units, a three per cent decrease from the same period in 2022.
  
  Sales for all other top-selling brands also fell, with total smartphone shipments dropping 11 per cent year-on-year to 67.2 million units, the lowest quarterly total since 2013. Despite being the best-selling brand in the quarter, Apple saw its total market share fall three per cent year on year.
  
  Oppo and Vivo, Android brands that trail Apple as the second and third best-sellers, saw shipments fall 10 per cent and seven per cent respectively.
  
  

• N. China
  

  BA and other flights resumed; the export volume of air freight market was stable, and the freight rate was stable.
  
  

• S. China

  Despite the addition of CK and other flights, the southern air market is still tight, freight rates are still at a relatively high level.