Why the Event

Air cargo demand will grow by about 4.2% every year over the next 20 years, with East Asia maintaining its status as the largest market by far, according to Boeing’s 2018 World Air Cargo Forecast. Today, about 52% of all air cargo moves to and from East Asia, and by 2037, that will grow to 60%.This means that of the incremental traffic that we see in the next 20 years, about 70% of the growth is coming from the East Asia market. In addition, with global trade recovery, cross-border e-commerce, particularly that in China, is experiencing a significant growth. Statistics from the Chinese Customs showed that the import and export value of the retail goods went through the Customs Cross-border E-commerce Management Platform in 2017 reached 90.24 billion yuan (US$14.1billion), an increase of 80.6% over a year before. The fast-growing Cross-border E-commerce boom has enabled global air logistics companies to reap fruits and realize transition.