GLOBAL INDUSTRY NEWS

FedEx expands air network to boost connectivity between APAC-India-Europe

Policy

Frederick W. Smith FedEx Corporation Founder and Executive Chairman | FedEx

By Sky Industry News

Dec 16, 2024

FedEx has announced the expansion of its air network to enhance connectivity between Asia Pacific, India, and Europe. The new routes aim to provide more flexible and efficient operations in key trade lanes across the Asia-Pacific region.

The newly introduced route will operate five times a week, starting from Guangzhou, China, passing through Bangalore in India and the United Arab Emirates (UAE), before reaching Liège and Paris in Europe. This enhancement is expected to reduce logistics transit time by one day during the peak holiday season, enabling next-day delivery to South India. This development could benefit South India's advanced technology and automotive industries. Additionally, it aims to improve stability and reliability for import-export logistics between India and Europe.

A recent FedEx survey indicated that Asia-Pacific businesses anticipate increased sales this holiday season compared to last year. This highlights the necessity of the new air routes. For fiscal year 2024, China remains India's largest trading partner with a trade volume of $118.4 billion. Of this, $101.7 billion accounts for imports from China while exports stand at $118.4 billion. The Asia-Europe trade route is among the busiest globally, with China playing a significant role in exporting machinery, electronics, and high-tech products.

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Kawal Preet, President of FedEx Asia Pacific Region stated: “As businesses in the Asia-Pacific region prioritize cross-border transactions more than ever before, building a resilient global network is crucial for uncovering growth opportunities.” He added that strengthening their air network reflects FedEx's confidence in the positive future of the Asia-Pacific market by offering services that connect major markets and businesses more flexibly and efficiently.

Park Won-bin, Managing Director of FedEx Korea said: “FedEx is committed to connecting people around the world with possibilities." He emphasized that expanding their air routes enhances global logistics efficiency and supports international trade for regional small businesses.

FedEx continues investing in technology and infrastructure to support Asia-Pacific companies' presence in global manufacturing and trade. Alongside enhancing network connectivity, they are developing digital solutions like FedEx Import Tool for simplifying import processes and FedEx Ship Manager for managing shipments online. Their focus on improving customer experience includes providing machine learning-based delivery estimates within a four-hour window.