Air cargo to grow with globalization and trade
Boeing’s forecast points out that world freighter fleet will grow to 3198 planes by 2031
October 3, 2012
20 years 2031 3198 airplanes Atlanta Boeing World Air Cargo Forecast 2012/2013 efficient aircraft freighter fleet GDP Global air cargo market gross domestic product International Air Cargo Forum and Exhibition 2012 liberalization
The global air cargo market will expand at a 5.2 per cent annual rate over the next 20 years. According to the Boeing World Air Cargo Forecast 2012/2013, growth will be driven by world gross domestic product that will nearly double over the forecast period. Trade is expected to increase through liberalization of markets and more efficient aircraft. The biennial forecast was released at the International Air Cargo Forum and Exhibition 2012 in Atlanta.
Boeing has projected that the world freighter fleet will increase to 3198 airplanes from 1738 by 2031.