newstodate.aero
nov 03, 2010 (newstodte): Releasing its World Air Cargo Forecast at the ongoing Air Cargo Forum in Amsterdam, Boeing expects world air cargo traffic to expand at a 5.9 percent annual rate over the next two decades, with worldwide air freight traffic expected to triple through 2029.
Air cargo traffic rebounded strongly beginning in November 2009 and continuing through the first eight months of 2010.
As a result, world air cargo traffic is expected to regain its 2007 peak by the end of this year.
In August 2009, industrial activity began to recover, particularly in Asia.
Monthly air cargo traffic statistics turned positive in November 2009, and the first eight months of 2010 have seen an estimated 24 percent growth in traffic, compared to the same period in 2009.
Asian air cargo market growth will continue to lead all global traffic routes.
Domestic Chinese and intra-Asian markets will grow 9.2 percent and 7.9 percent per year, respectively.
Asia-related markets will grow faster than the global average.
Air cargo traffic rebounded strongly beginning in November 2009 and continuing through the first eight months of 2010.
As a result, world air cargo traffic is expected to regain its 2007 peak by the end of this year.
In August 2009, industrial activity began to recover, particularly in Asia.
Monthly air cargo traffic statistics turned positive in November 2009, and the first eight months of 2010 have seen an estimated 24 percent growth in traffic, compared to the same period in 2009.
Asian air cargo market growth will continue to lead all global traffic routes.
Domestic Chinese and intra-Asian markets will grow 9.2 percent and 7.9 percent per year, respectively.
Asia-related markets will grow faster than the global average.