Asia-Pacific airlines stand out in air cargo biz

Despite a generally modest performance by the global air cargo market, airlines in the Asia-Pacific region have indicated the strongest growth in demand across all regions, attracting more investments from international carriers.

China's air cargo network has seen higher density, with 20 new international air cargo routes launched in July. The routes mainly transport cross-border e-commerce goods, high-end manufactured products, electronics and auto parts, said the China Federation of Logistics and Purchasing.

Boeing has forecast that by 2043, China will need an additional 585 dedicated and converted freighters, nearly tripling from the current size, with demand stimulated by its booming e-commerce sector.