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You are here: Home Archive 2009 October 06 Airfreight to lead Asian trade recovery: HSBC

Airfreight to lead Asian trade recovery: HSBC

by Roger Hailey - Lloyd's List last modified Oct 06, 2009 10:44 AM

Airfreight will outpace maritime containers in freight volume growth as Asia makes a slow recovery out of recession, according to an industry analyst.

  
Airfreight to lead Asian trade recovery: HSBC

On the up: Airfreight sector expected to out-perform ocean transport

HSBC Global Research, which has upgraded its global economic growth forecasts, said year-to-date cargo volumes in Asia had been “miserable” and that airlines had out-performed the shipping sector by 30% in the past six months.

“This appears to suggest the long-awaited...

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