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Asia air freight market gets e-commerce boost, trade war has minimal impact

Asian airlines have an outsized role in air freight, accounting for nearly 40 per cent of the global market

Us China Trade War  |  Trade War  |  Us China

Reuters  |  JEJU, South Korea 

Strong e-commerce demand is fuelling Asia's air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday. E-commerce is growing at pace in populous Asia, driven by Chinese behemoth Alibaba Group Holding Ltd and rival Inc, as well as others such as Japan's Rakuten Inc , sponsor of Spanish soccer giants FC Barcelona. But the flow of goods has been threatened this year by the United States imposing import tariffs on billions of dollars worth of Chinese goods to ...

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First Published: Fri, October 19 2018. 11:55 IST