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The overall situation in China's current air cargo industry
Significant growth in China's manufacturing industry, prompting companies scramble to develop its air cargo business in China. However, this could be an expansion of business scale is too large, too fast case. Two years ago, from Nanjing or Shanghai to Europe by air cargo, freight charges up to 4 U.S. dollars per kilogram; today's price of about 2.50 U.S. dollars. Deputy General Manager of Nanjing Lukou International Airport, Xu Yong, said: "In this business there are still very rare airlines make money." As the rate of expansion of the fleet continues to exceed demand, airlines are increasing some of China's airport congestion problems. Xu Yong warned: "We are the number of aircraft it is too much." Dutch airline Martinair, vice president of Fulankede capacity (Frankde Jong) said China's air cargo exports at an annual growth rate of about 10%, while the aircraft cargo capacity increase of about 25%. In Asia, about half of the cargo transportation on scheduled passenger flights are abdominal cabin. For example, passenger airlines, Korean Air (Korean Airlines) has the world's largest cargo business, 28% of revenues from air cargo business. In the U.S., the majority of air cargo operations to UPS and Federal Express by (FedEx), led by a professional shipping company. The Chinese government recently has further relaxed the restrictions on access to the above-mentioned two companies. Credit Suisse (Credit Suisse) analyst±ËµÃÏ£¶û¶Ù(Peter Hilton), said: "The U.S. companies to China to inject more capacity within the system and to undertake have been dominated by Asian carriers sweep cargo business." The Chinese government has stepped up its development of domestic air cargo industry's efforts to encourage domestic airlines and more experienced Western freight companies. The Not long ago, the Chinese government will also focus almost exclusively on the air passenger industry, aspects of the reform and expansion. A Hong Kong banker, said: "From a political perspective, the delivery of passenger transport of goods more than the establishment of reputation, but the government has realized that cargo for export-driven manufacturing sector is essential." In Mainland China for direct export of cargo, an increasing proportion of air cargo, not only impact on the airlines, but also to make air cargo centers such as Singapore and Hong Kong are worried. Hong Kong-based Cathay Pacific Airways (Cathay Pacific) found that freight transport business has slowed. Assistant Manager, Cathay Pacific Cargo, said William Lo, from China (the Mainland) intense competition means that its earnings this year may increase 1-2%, compared with last year's increase of 3% to 6%. Martinair's de Jong said: "Hong Kong will no longer manufacture anything, the contrary, we see the surrounding area of these for the new airport being developed. Clearly they are a piece." Shenzhen Airport as a cargo hub is growing rapidly, so that people will cargo shipped to a nearby airport in terms of power has decreased. Jade Cargo (Jade Cargo) Shenzhen Airlines and Lufthansa German Airlines (Lufthansa) to form a joint venture commenced operations a year ago, since then has been to increase every three months, Boeing (Boeing) 747 to expand the speed of the aircraft fleet . Jade Cargo International Marketing Director Tuode Xi Gilbert (Todd Hilbrecht) expects the airline will be profitable in 2008. He said: "In the past few months (our business) a slight slowdown, but it does not result in regard to business loss." Although Mainland airports Nanjing and other sharp decline in the cost of transporting goods, but high fuel prices continue to allow large cargo by ship than by air transport more attractive. One industry executive said: "The price of oil can certainly offset the impact of the transport time." This month, a time oil prices per barrel 78.77 U.S. dollars on exploration on behalf of historic highs. Motonari Chiaki is the American Airlines Polar Air Cargo's business development manager. The company operates a weekly departure from Shanghai and Beijing, the 14 flights. He said: "I think many people can not immediately make money from China. We are still making money, but more and more difficult."
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