Air Cargo Traffic to Grow — Long Term

Despite current economic conditions, in its updated industry forecast, Boeing Co. sees the world’s air cargo growth expanding at a 5.8% rate annually to 2027, with the Asian market to lead all global traffic routes. The biennial World Air Cargo Forecast is regarded as being greatly authoritative.

"World GDP is projected to average just higher than 3% during the next 20 years. Asian production fundamentals—including abundant raw materials and low-cost labor—remain solid, and China will remain a source of strong economic growth with substantial industrialization and related investment," says Randy Tinseth, vice president, Marketing, Boeing Commercial Airplanes.

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