Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
China's Air Cargo Demand: Future Market Developments and Implications
China's economy has been rapidly growing with an average growth rate of 10% since 1990s. China's transformation, undoubtedly in response to its robust economy growth, has certainly become both so-called "the world's biggest market" and "the world's factory" in relation to its economy-related changes over the past decades. As a result, the perspective of China's air transport, in general, has been regarded as a fertile and competitive market in the current stage and even future years. The segment of air cargo services, in particular, is quite attractive and emerging industry in China's market recently, so that the competitors from all over the world are eager to scramble for part of China's air cargo markets. The purposes of the paper are to: (a) provide an analysis and the relationship between economic trends and air cargo traffic in China; and (b) forecast the aggregate demand of China's air cargo by using econometric method and extrapolate specific projections at China's major airports. In order to further realize the potential demand and competition of air cargo market between China, Hong Kong and Taiwan, we also provide an overall discussion on the interaction for the forecasting period.
China's Air Cargo Demand: Future Market Developments and Implications
China's economy has been rapidly growing with an average growth rate of 10% since 1990s. China's transformation, undoubtedly in response to its robust economy growth, has certainly become both so-called "the world's biggest market" and "the world's factory" in relation to its economy-related changes over the past decades. As a result, the perspective of China's air transport, in general, has been regarded as a fertile and competitive market in the current stage and even future years. The segment of air cargo services, in particular, is quite attractive and emerging industry in China's market recently, so that the competitors from all over the world are eager to scramble for part of China's air cargo markets. The purposes of the paper are to: (a) provide an analysis and the relationship between economic trends and air cargo traffic in China; and (b) forecast the aggregate demand of China's air cargo by using econometric method and extrapolate specific projections at China's major airports. In order to further realize the potential demand and competition of air cargo market between China, Hong Kong and Taiwan, we also provide an overall discussion on the interaction for the forecasting period.
China's Air Cargo Demand: Future Market Developments and Implications
Wu, Ming-Cheng (Autor:in) / Morrell, Peter (Autor:in)
29th International Air Transport Conference ; 2007 ; Irving, Texas, United States
Aviation ; 1-13
17.08.2007
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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