Passenger Aircraft Recovery Spurs Belly Cargo Uptick | Aviation International News

Paris Air Show 2023

Passenger Aircraft Recovery Spurs Belly Cargo Uptick

As the passenger side of the airline business recovers from the Covid pandemic, more belly capacity has boosted available cargo tonne-kilometers.

Emirates Boeing 777 — The Middle East’s share of the world’s air cargo market totals some 13 percent, evidence of the strength enjoyed by the cargo operations of carriers such as Emirates Airline. (Photo: Boeing)

By Peter Shaw-Smith • Contributor - Middle East

June 17, 2023

Cargo market forecasts from Boeing and the International Air Transport Association (IATA) broadly agree, calling for 2022 revenues in the air cargo market to exceed $200 billion, Boeing director and freighter customer leader Brian Hermesmeyer told AIN in an interview just ahead of the Paris Airshow.

“In 2021, the air cargo industry generated $170 billion in revenue,” he said. “That was significantly higher than 2020 when we were sitting at about $124 billion,” he said. “A lot of that has to do with the high revenue generation that was captured by many carriers in 2021 through the course of the pandemic.”

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Airlines Confront Ongoing Impact of Middle East Conflict

High fuel costs and extended route disruption could force longer-term changes

Emirates Airline

Skyhop Plans Island Routes With Noemi's Electric Seaplane

Agreement between start-ups could lead to orders for up to 15 aircraft

Skyhop Aviation and Noemi Aerospace leaders

A220’s Performance Drives BermudAir’s Fleet Growth

Airline plans to gradually replace its Embraer E-Jet fleet

BermudAir Airbus A220

Air India Backs SkyDrive Emergency Medical eVTOL Plans

Partners say eVTOLs could accelerate response times in crowded Indian cities

SkyDrive plans eVTOL medical flights in India

Airbus Balances Shareholder Returns and New Aircraft

Rival Boeing arguably claimed bragging rights at the Farnborough International show

Airbus A350-1000

Virgin Firms Up eVTOL Air Taxi Alliance with Joby

Connections to London Heathrow and Manchester airports will start first

Joby eVTOL route network

ATR Chases New Regional Markets for Twin Turboprops

Iran war and wider geopolitical pressure stall buying decisions

ATR 42-600 in Papua New Guinea

Embraer Racks Up E-Jet Orders at Farnborough

30 firm orders led by Abra

Embraer