Boeing 2020 CMO: Freighters resilient but not immune to COVID challenges

The global freighter fleet is expected to grow to 3,260 freighters over the next two decades, representing an increase of 63% from the current fleet of 2,010 freighters, according to an update to Boeing’s Commercial Market Outlook (CMO). Compared to passenger aircraft, the dislocation from the COVID-19 crisis to freighter demand is expected to be […]

European express traffic growth will accelerate, Cargo Facts Consulting finds

While we foresee a deceleration of express shipment growth in both international and US domestic express markets, our latest Air Express Market Outlook 2020-24 predicts an acceleration of Express traffic at major European Cargo hubs over the next five years. While outbound express tonnage growth at Leipzig, Liege, Cologne, Paris, East Midlands, and Brussels between […]

Forecasting Air Freight Demand

In 2017, IATA reported global air cargo demand up 9% – the highest growth since 2010, and the third highest since 2000. That growth was about twice the rate of last year’s global trade growth, and nearly three times the rate of growth of global GDP, leaving many wondering where growth is headed moving forward. […]

Freighter fleet expansion projected to continue, new forecast finds

Demand for freighter aircraft continues to trend higher, according to an exclusive forecast issued today by Air Cargo Management Group, a leading global consultancy and Cargo Facts‘s parent. According to ACMG’s Freighter Forecast for 2015, the air freight market will need about 125 new freighters per year to meet growth and replacement needs over the […]
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