FedEx increases weekly cargo flights to boost Asia-Europe trade capacity

Salil Chari, Senior Vice President of Marketing and Customer Experience for FedEx Asia Pacific, said: “The Eurasian economic corridor is one of the fastest-growing commercial channels. This year we surveyed nearly 4,000 customers in Asia, and more than 20% of respondents said they plan to shift their trade focus to Europe in the next 12 months. FedEx is rapidly adjusting and flexibly using our network to create the blueprint for the next wave of opportunities for Asia’s expanding trade ecosystem. By strengthening connections between Asia Pacific and Europe, we are helping businesses respond to market changes, expand their customer base, find growth opportunities, and consolidate their position in global trade.”

With these additions, FedEx now operates 26 weekly flights transporting goods from Asia Pacific to Europe, with shipments reaching major European markets in as little as 48 hours. The company has also enhanced its transport network from northern Vietnam to Europe, aiming to improve trade for Asian importers and exporters. FedEx operates three major air logistics hubs in Europe—Paris, Cologne, and Liège—and has recently opened a global air transit facility in Istanbul to provide faster and more flexible shipping options and help businesses adapt to seasonal demand and supply chain needs.

This expansion underlines FedEx’s commitment to supporting global trade and the ongoing success of businesses in Asia Pacific and other regions.

The International Air Transport Association (IATA) has reported that global air cargo demand rose by 4.1% in August 2024 compared to the previous year, indicating continued resilience in the sector (https://www.iata.org/en/pressroom/2024-releases/2024-10-09-01/). Additionally, the European Union remains the world’s largest importer, with Asia-Pacific countries among its fastest-growing suppliers (https://commission.europa.eu/strategy-and-policy/achievements_en).

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