Boeing tips return to 2007 cargo peak

Planemaker Boeing says global air-cargo demand has grown so rapidly in the past 12 months that it will regain its 2007 peak by the end of this year.

It also said cargo traffic will expand at a 5.9 per cent annual rate over the next two decades, with traffic expected to triple through 2029.

The projected freighter fleet will increase to 2,967 airplanes from 1,755 during the next 20 years, dominated by large freighters like the company's B777 and B747.

 

Boeing tips return to 2007 cargo peak

Planemaker Boeing says global air-cargo demand has grown so rapidly in the past 12 months that it will regain its 2007 peak by the end of this year.

It also said cargo traffic will expand at a 5.9 per cent annual rate over the next two decades, with traffic expected to triple through 2029.

The projected freighter fleet will increase to 2,967 airplanes from 1,755 during the next 20 years, dominated by large freighters like the company's B777 and B747.