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The strengthening of the RMB exchange rate has brought a series of changes to the air express business in logistics services. From a cost perspective, changes in the exchange rate will affect fuel prices, aircraft leasing costs, etc. When the RMB appreciates, the cost of imported fuel is relatively lower, which helps airlines reduce operating costs, and thus may indirectly provide more competitive prices for air express business.

At the same time, aircraft leasing costs may also change due to exchange rate fluctuations. Lease costs denominated in RMB may decrease, giving airlines more flexibility and possibilities in expanding their fleets and increasing their capacity, which will undoubtedly have a positive effect on improving the transportation capacity and efficiency of air express.

In terms of market demand, the strengthening of the RMB exchange rate may stimulate the growth of domestic consumer demand. Consumers' purchasing power for imported goods will increase, which will promote more cross-border e-commerce transactions. As one of the important modes of cross-border e-commerce logistics, air express is also expected to increase its business volume.

However, RMB exchange rate fluctuations do not always bring favorable effects. When the exchange rate weakens, air express companies may face pressure from rising costs and compressed profits. In addition, exchange rate fluctuations may lead to unstable market expectations and affect companies' investment decisions and long-term development plans.

In addition to direct economic factors, the policy environment is also one of the important factors affecting the relationship between air express and the RMB exchange rate. The government's policy support or adjustment for the aviation industry and cross-border e-commerce will guide and regulate the interaction between the two.

In short, there is a complex and subtle relationship between the fluctuation of RMB exchange rate and air express business. Enterprises and related practitioners need to pay close attention to the exchange rate changes and flexibly adjust strategies to adapt to the changing market environment and achieve sustainable development.