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Boeing Forecasts Air Cargo Growth Driven By Globalization And Trade

Markets connecting Asia-Pacific will lead the industry in growth, with domestic China and intra- Asia traffic experiencing the highest percentage traffic growth, at 8 percent and 6.9 percent, respectively, over the 20-year forecast period. North America- Asia, Europe-South Asia, Europe- Asia, and Europe- Middle East also will be above the world average.

Fuel costs are expected to be volatile, but are not anticipated to move significantly higher than current levels. Additionally, shippers of such cargo as perishables and very high value commodities will continue to find value in the speed of air cargo.

Boeing provides the most complete and efficient freighter product line, including new production freighters and passenger-to-freighter conversions, teaming with industry leaders to provide innovative conversion solutions to match virtually any air cargo requirement.

The World Air Cargo Forecast 2012/2013 is available at http://www.boeing.com/commercial/cargo. Boeing has published the biennial World Air Cargo Forecast as an individual report since 1986.

Contact: Bob SalingCargo Communications+1 206 852-3327 bob.saling@boeing.com

More information: http://www.boeing.com/commercial/cargo

SOURCE Boeing

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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