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Air cargo expansion driven by express market, Asia growth.
From:
Interavia Business & Technology
| Date:
June 1, 1996| Author:
| COPYRIGHT 1996 Aerospace Media Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Analysts agree that the air cargo market will enjoy robust growth through the year 2016. Much of this growth will be seen in the air express sector, whose share of the world cargo market is expected to grow by some 18% annually from 1994 to 2014. Another factor driving the growth of the air cargo business is the increase in trade with Asia's booming markets. The Asian share of the global air cargo market is expected to grow by as much as 8.6% through the year 2014.
Paris: The world air cargo market will experience annual growth rates of 6-7% over the next 20 years, according to recent ...
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