Aircraft
Boeing Sees Air Freight Traffic Bouncing Back
Boeing' latest World Air Cargo Forecast predicts that the sector will more than double in volume by 2033.
Boeing predicts that some 840 new freighters, like this 747-400 for Air China, will be delivered in the next 20 years. [Photo: Boeing]
Boeing predicts that some 840 new freighters, like this 747-400 for Air China, will be delivered in the next 20 years. [Photo: Boeing]

Air cargo traffic is set to bounce back after enduring a lean period in recent years. This was the main conclusion of Boeing’s latest biennial World Air Cargo Forecast, published at the October 7 International Air Cargo Forum and Exhibition in Seoul, South Korea. The airframer predicts that air freight traffic will increase at an annual rate of 4.7 percent over the next 20 years, and is expected to double in volume by 2033.