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King Rama V - the Great Beloved King
King Rama V or King Chulalongkorn (1853 - 1910) was the
monarch who steered Thailand clear of colonization and
initiated the Chakri Reformation to put Thailand on the road
to modernization.
King Chulalongkorn was appointed king at the age of...
MakeMyTrip launches India Travel Site
MakeMyTrip launches India Travel Site Offers Lowest Airfare
Guarantee Anywhere in India
New Delhi, Delhi, India, Tuesday, September 06, 2005 --
(Business Wire India) MakeMyTrip.com, India's leading online
travel company, today announced the...
Serengeti Safari - Memories of Miscommunications
The scene before me could be matched nowhere else on earth. Parched yellow grass spread out before us as far as the eye could see - broken only by the occasional umbrella tree and a few hundred thousand migrating wildebeest forming a dusty, thin...
That's Entertainment!
Welcome to That's Entertainment! In this issue, we'll explore part one of a three-part serial - Audition Tips - Straight From the Source. We spoke with Judy Thomas, production coordinator and artistic talent director with Walt Disney's World on...
The Story of the 12 Animal Zodiac in China
One day, Tian Di (The God Above) wanted to manage all animals on earth. He took out 12 chairs and told the cat to tell 11 other animals to go to the sky palace.
When the cat told the ox about it, the rat overheard the news. The rat was very...
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The Future of the Chinese Air Freight Industry
China is the fastest growing aviation market in the world thanks
to the expansion of its air freight and air passenger
industries. With air freight growth volumes predicted to
drop off this year, how will the country's significance in the
aviation market be affected?
The growth of China's air freight industry has led to a
surge in the Asian cargo business over the last few years. This
is reflected in the fact that air freight from Asia to Dallas
Fort Worth airport (which is the leader in Asian cargo in the
eastern and southern U.S) increased by 42% in 2004.
However, it is expected that China's air freight volume
growth will ease off this year. This will happen as the
market returns to a more stable expansion pace after the post
SARS (Severe Acute Respiratory Syndrome) rebound in 2004 and 5.
In 2004 and 2005, China's air freight volume increased by 25%
and 20% respectively. Passenger traffic also grew at this time;
by 33% in 2004 and by 20% in 2005. This was as a result of
people taking to the skies following the outbreak of SARS in the
region.
Although the growth rate of China's air freight business is
expected to ease off this year, it will not halt
altogether.
According to freight industry experts, air freight cargo
volumes are anticipated to rise by 10% in 2006. If it does
so, China's air freight volume will be 3.36 million tons.
Similarly, air passenger numbers are also likely to increase.
China's aviation regulator estimates that air passenger number
swill increase by 15%. This will mean that 159 million people
will travel by air out of China in 2006.
The continued growth of China's air freight and air passenger
volumes is relevant to the country as it is the fastest growing
aviation market in the world today. As a result China is an
important battleground between Boeing and Airbus.
Boeing has entered into discussions with China to supply the
country with 150 jets. Whilst Airbus has signed a deal with
China to supply 150 A320 jets to it. As a result China's role in
the global aviation market is likely to remain very significant
despite a slight slow down in its air freight industry's growth
rate.
About the author:
GBS Freight provides the following services:
Air Freight
Freight Forwarding UK
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