Air cargo and global supply chains stand to be the big losers in the row over alleged subsidies for three Middle East carriers.

Scheduled freighter capacity from Asia to North America is still up.

Government spending on infrastructure has been chronically low in the Philippines (pictured) and Indonesia, and almost non-existent in Thailand, the UNESCAP reported.

A US$4.8 billion offer by FedEx to acquire integrator TNT would boost its position in the European express market, but would have limited impact in Asia, the Pacific and most other markets.