Page 13 - The STAT Trade Times August 2024 for Website

Freighter Fleet Forecast

Freighter Fleet Forecast

in Abu Dhabi. Emirates’ Sultan mentioned
The Role of Freighters in around production schedules as Freighters Will Continue to Carry Over 50% of World Air Cargo Traffic that these aircraft are currently operational
The Role of Freighters in
around production schedules as
Air Cargo shippers try to use freighters during Freighters Will Continue to Carry Over 50% of World Air Cargo Traffic in their passenger fleet. “As in when the
shippers try to use freighters during
STC is received by the IAI, then we will be
Air Cargo
shipping time between factories as
100
shipping time between factories as
Before the COVID-19 pandemic, “warehouses in transit.” Few twin- 100 able to confirm the dates as when these
Before the COVID-19 pandemic,
“warehouses in transit.” Few twin-
Average air cargo trafc
freighters made up less than 8% of aisle passenger airline schedules are Average air cargo trafc Average air cargo trafc aircraft will be exiting from the passen-
Average air cargo trafc
freighters made up less than 8% of
3.2%
the total commercial jet fleet, yet they aisle passenger airline schedules are 3.2% 4.1% 4.1% ger fleet and bring over for conversions,"
the total commercial jet fleet, yet they timed to meet the needs of those
growth per year
growth per year
carried more than 50% of all air cargo timed to meet the needs of those growth per year growth per year added Sultan.
carried more than 50% of all air cargo industrial shippers.
industrial shippers.
traffic. As the pandemic continued, at 75 75 "Initially, we have ordered ten conver-
traffic. As the pandemic continued, at
• Freighters offer greater speed to
the end of 2021, freighters represented • Freighters offer greater speed to sion aircraft," said Sultan. He mentioned
the end of 2021, freighters represented
market for high-value, time-sensitive
nearly 10% of the total commercial jet market for high-value, time-sensitive that despite delays, they are constantly in
nearly 10% of the total commercial jet
fleet, and carried approximately 70% of products such as capital equipment,
fleet, and carried approximately 70% of products such as capital equipment, touch with IAI and expect the delivery of
electronics, pharmaceuticals, fashion
all air cargo traffic. A number of factors electronics, pharmaceuticals, fashion
all air cargo traffic. A number of factors goods, and perishable commodities. Percentage of World Freight Tonne Kilometers the first converted B777-300ER aircraft by
underpin their essential role in the
underpin their essential role in the goods, and perishable commodities. Percentage of World Freight Tonne Kilometers 50 50 the first half of next year.
global supply chain:
• The lower holds of passenger
global supply chain: • The lower holds of passenger The converted 777-300ERs will join the
• Of the 21,000 jet transports in airplanes are severely limited for
• Of the 21,000 jet transports in airplanes are severely limited for airline's freighter fleet by the end of 2025,
transporting hazardous materials and
service at the end of 2021, more
project cargo (a group of shipments
service at the end of 2021, more transporting hazardous materials and 25 taking the total freighter fleet to 17 aircraft.
than 70% were single-aisle and/
moving as one aggregated
or regional jet airplanes without
than 70% were single-aisle and/ project cargo (a group of shipments 25 The converted aircraft, along with the
lower holds to accommodate freight moving as one aggregated
or regional jet airplanes without consignment). new 777Fs, will increase the airline's main
pallets or containers. But freight
Nearly 90% of all air cargo revenue
lower holds to accommodate freight consignment). deck cargo capacity by 30% and cater
forwarders prefer palletized capacity,
is generated by airlines that operate
pallets or containers. But freight Nearly 90% of all air cargo revenue to growing customer demand as well as
which is only available on widebody
freighters. By augmenting airline cargo
forwarders prefer palletized capacity, is generated by airlines that operate 11 12 13 14 15 16 17 18 19 20 21 41F reinforce its position as a leading player in
passenger or freighter airplanes.
operations, freighters help airlines
which is only available on widebody freighters. By augmenting airline cargo Sources: IATA, ICAO, and Boeing the global air cargo industry.
41F
11 12 13 14 15 16 17 18 19 20 21
compete more effectively.
• Most passenger airplanes with lower-
passenger or freighter airplanes. operations, freighters help airlines The Australian airline Qantas, which
hold capacity do not serve key trade Passenger airplane operations that Sources: IATA, ICAO, and Boeing operates a combination of converted and
• Most passenger airplanes with lower- compete more effectively.
routes. For such routings, freighters
were suspended when the pandemic
hold capacity do not serve key trade Passenger airplane operations that www.stattimes.com | AUGUST 2024 11
are the most efficient form of cargo
began in 2020 have yet to recover to
transport.
routes. For such routings, freighters were suspended when the pandemic
normal levels. This has underscored
are the most efficient form of cargo the importance of freighters, which
• Dedicated freighter services offer began in 2020 have yet to recover to
have seen an almost 25% rise in
transport. control over timing and routing that normal levels. This has underscored
utilization to compensate for the loss
lower-hold capacity cannot match. the importance of freighters, which
• Dedicated freighter services offer of lower-hold capacity in twin-aisle
Air cargo is an industrial tool, and
control over timing and routing that have seen an almost 25% rise in
passenger airplanes.
demand for cargo capacity surges
lower-hold capacity cannot match. utilization to compensate for the loss
Air cargo is an industrial tool, and of lower-hold capacity in twin-aisle
demand for cargo capacity surges passenger airplanes.
World Air Cargo Forecast 2022–2041 102
World Air Cargo Forecast 2022–2041 102