Air­freight de­mand to dou­ble by 2037: Boe­ing

Cargo Talk - - International News -

In a re­port re­leased at the TIACA Air Cargo Fo­rum, Boe­ing said that it ex­pects the global de­mand for air­freight to dou­ble over the next two decades, av­er­ag­ing about 4.2 per cent an­nual growth over that pe­riod – a fig­ure that brings the mar­ket closer to its pre-re­ces­sion av­er­age of five per cent growth per year, but still far less than the nine per cent growth rate. To han­dle this de­mand, the aviation gi­ant said in its lat­est World Air Cargo Fore­cast that air cargo op­er­a­tors will need more than 2600 freighters built be­tween now and 2037. That fig­ure will in­clude 980 new medium and large-scale freighters, plus 1670 con­verted freighters to both re­place age­ing metal and ex­pand the world­wide fleet to meet the de­mand. “The air cargo mar­ket con­tin­ues to be a ma­jor ele­ment of commercial aviation’s growth story,” said Dar­ren Hulst, Man­ag­ing Di­rec­tor of Mar­ket Anal­y­sis and Sales Sup­port, Boe­ing Commercial Air­planes. “Our new fore­cast in­di­cates strong long-term air cargo trends, which co­in­cide with the mar­ket re­cov­ery that we have seen over the last few years across Europe, North Amer­ica, and Asia,” he added.

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