AirCargo Briefs
- Latest News
- Saturday, 06 October 2007
Aircraft manufacturers are tipped to be the only winners in China’s race for a bigger slice of the airfreight pie. Analysts say the 100 or so new aircraft now on order with Boeing and Airbus will do little except drag rates down and that more aircraft will fly empty on return legs from the US and elsewhere. Currently, Chinese carriers are believed to fly half or one-third full on the return trips from foreign destinations. Aviation analyst Li Lei said the ratio between US-bound cargo and China-bound return cargo had hovered at around 6:1 for years. Other critics say Chinese carriers are duplicating each other’s plans for new routes.