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MIAMI, Nov. 12, 2024 /PRNewswire/ -- With a strong air cargo market exceeding pre-pandemic levels, Boeing [NYSE: BA] forecasts continued long-term growth, saying air cargo traffic will increase by an average of 4% per year through 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the biennial overview and long-term outlook for the air cargo industry.
"As the quickest and most reliable way to move goods, air cargo's sustained growth has returned the industry to its long-term trend," said Darren Hulst, Boeing vice president of Commercial Marketing. "There will be many drivers for continued freighter demand over the next 20 years, including expansion of emerging markets and global growth in manufacturing and e-commerce."
Further insight from the 2024 WACF:
Regional movers:
Express carriers forecast:
By the numbers:
Freighter deliveries (2024-2043) | 2,845 |
Production | 1,005 |
Conversions | 1,840 |
Delivery types | |
Standard-body | 1,250 |
Medium widebody | 785 |
Large widebody | 810 |
The complete 2024 World Air Cargo Forecast can be found at www.boeing.com/wacf.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.
Contact:
Boeing Media Relations
media@boeing.com
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SOURCE Boeing