China-Europe

A startup cargo airline in Uzbekistan has started offering scheduled service between a major Chinese city and Amsterdam to support shippers in the EU market.

Contributor Ben Thrower writes about the growing ties between the Chinese and European economies and the potential danger of those ties.

Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.