The air cargo industry plays a vital role in global trade, accounting for about 35% of its value and projected to generate $120 billion in revenues by 2024. Despite a decline in cargo yields, demand for freighter aircraft is surging due to evolving trade patterns and the growth of e-commerce, which is expected to double by 2026. Key challenges include capacity constraints, fuel efficiency, and sustainability, with new aircraft designs promising improved performance. The industry must adapt to these dynamics while addressing supply chain disruptions and replacing aging fleets.
Source: https://www.stattimes.com/air-cargo/freighter-demand-key-drivers-and-trends-1353411