Sign up | Log in



Home  >>   Daily News  >>   Asean News  >>   Trade  >>   Asia-Pacific stokes freight demand
NEWS UPDATES Asean Affairs                   17  September 2011

Asia-Pacific stokes freight demand

Related Stories

September 6, 2011
Thais hope to power Vietnam

August 30, 2011
PetroVietnam signs oil deal

uly 16, 2011
Vietnam imports coal

June 16, 2011

Vietnam imports first Indonesian coal

May 31, 2011

Fuel imports to Vietnam increase

The Asia-Pacific region is expected to command the highest growth of close to 300 percent in freighter fleet in the next 20 years, outpacing the total world demand of 115 percent.

“Freight traffic is expected to triple in the next 20 years with an average annual growth of 6 percent from now until 2029,” Airbus SAS A330 marketing manager Cyrille Picard said at a briefing.

He said the freighter demand growth over the next two decades would be driven by Malaysia, Singapore, Thailand and India.

Picard opined that Malaysia would generally experience a healthy growth in air-freight traffic due to its economy and pass-through traffic from the region.

He said there was still a growing demand in China but due to the higher labor cost in (the first-tier cities of) China, some operators were moving to the secondary cities.

“There will be some throughput to be passed through Malaysia as operators could fly through Kuala Lumpur with a mid-sized freighter such as A330-200F,” Picard said, adding that due to the move to secondary cities in China, demand for mid-sized freighter would also increase.

Globally, Airbus predicted that freighter fleet would more than double within the next 20 years.
At the beginning of 2010, there were 1,553 freighters in service and this is projected to increase to 3,346 aircraft in 2029. The freighter fleet operated by Asia-Pacific airlines is expected to grow to 1,056 aircraft in 2029.

Picard said it was still important to develop the air-freight industry although air-freight currently represented less than 1 percent of total world trade tonnage. “While it may account for less than 1 percent of world tonnage, airfreight represents about 40 percent of world trade value of about US$200bil a year,” he added.

Asked if the current economic instability would affect Airbus forecast, Picard said: “Freighters would be the first to be impacted (in any economic downturn) but also the first to recover.”

Picard said that currently the A330-200F was the only aircraft that could fill the gap between a small freighter and a large one. The A330-200F can fly up to 4,000 nautical miles with some 65-tonne payload.

Picard said the four A330-200F that Malaysia Airlines Kargo Sdn Bhd (MASKargo) had ordered could be used for both regional and long-haul destinations, proving its versatility. The aircraft has a catalogue price of US$203.6 million The cargo arm of national carrier Malaysia Airlines (MAS) took delivery of its first A330-200F on Thursday. The aircraft is powered by Pratt & Whitney engines. MASKargo was the fourth operator in the world and the first in South-East Asia to take delivery of the aircraft.



Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    17  September  2011 Subsribe Now !
  Asia-Pacific stokes freight demand Subcribe: Asean Affairs Global Magazine
 Asian countries now see futility of Internet blockage Asean Affairs Premium
 Indonesia needs to improve logistics
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

  Indonesia develops Timor Sea gas
 Anti-corruption move for Thai rice scheme
 Thai auto program brings protests
  Vietnam asks for restraint in East Timor Sea
 Phase-out of gases in Vietnam pp

Asean Analysis             17  September  2011

Advertise Your Brand
• Asean Affairs during the week of September 10-16. Sponsor Our Events

Asean Stock Watch   16  September  2011

• Asean Stock Watch-September 16 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand