Image Courtesy: Boeing
2020 World Air Cargo forecast anticipates more freighters needed over the next 20 years as global trade demand grows for new and converted freighters to transport cargo.
According to the forecast air cargo traffic will grow at 4% per year over the next 20 years with e-Commerce, express shipments and expansion driving demand.
“Freighter operators have been in a unique position in 2020 to meet market requirements for speed, reliability and security, transporting medical supplies and other goods for people and communities around the world,” said Darren Hulst, vice president of Commercial Marketing. “Looking ahead, dedicated freighters will be even more critical to compete in air cargo markets; they carry more than half of air cargo traffic, and airlines operating them earn nearly 90% of air cargo industry revenue.”
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