The intra-Asia air freight market is robust, driven by raw material transportation among several Asian countries. However, with production moving from China and a decline in e-commerce demand, airlines may shift capacity to Southeast Asia. Recent trends indicate a market slowdown expected until June unless e-commerce demand surges or new tariffs emerge. Taiwan’s exports are strong due to AI products, while demand from South Korea and Vietnam faces capacity challenges. Overall, trade tensions and tariff uncertainties are leading shippers to opt for short-term contracts, creating instability in pricing and capacity strategies.

Source: https://www.stattimes.com/air-cargo/weak-e-commerce-demand-leading-to-bsa-charter-cancellations-dimerco-1354863