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China's air cargo volumes surge 19.3% in Jan-Oct 2024

05 Dec '24
1 min read
China's air cargo volumes surge 19.3% in Jan-Oct 2024
Pic: zapper - stock.adobe.com

Insights

  • In January to October 2024, China's air cargo volumes surged 19.3 per cent from 2019, reaching 7.3 million tonnes, driven by a 48.5 per cent rise in international freight (2.93 million tonnes), as per CAAC.
  • Average daily cargo flights hit 752, with international flights up 100.4 per cent YoY.
  • CAAC aims to optimise traffic rights, routes, and cost efficiency in logistics.
China's air cargo volumes have increased 19.3 per cent between January and October of this year, compared to the same period in 2019, driven by a strong growth in international air freight, as per the Civil Aviation Administration of China (CAAC).

The country’s aviation sector handled nearly 7.3 million tonnes of cargo and mail from January to October this year. International routes transported approximately 2.93 million tonnes of cargo and mail, marking a substantial 48.5 per cent increase compared to the same period in 2019, said Shang Kejia, a CAAC official.

China’s industrial transformation, strengthened Belt and Road cooperation, and the rapid growth of cross-border e-commerce are the reasons behind this surge in air cargo.

The average daily cargo flights over the past week were 752, a growth of 70.9 per cent year-on-year, and internationally 498 flights, 100.4 per cent YoY growth, Shang added.

The CAAC looking ahead, is focussed on enhancing the allocation of air traffic rights, refining route and flight management policies, and advancing cost reduction and efficiency improvements in air logistics.

ALCHEMPro News Desk (SG)

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