Air freight as a factor in market expansion and profitability.
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Air freight as a factor in market expansion and profitability.

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Published by B.I.M. .
Written in English


Book details:

Edition Notes

SeriesInformation note no. 36 (second series)
ID Numbers
Open LibraryOL21090192M

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The future is looking bright for air freight. There was a positive outlook for profitability in , which was supported by “robust demand growth on both the passenger and freight sides of the business” said IATA. Estimates from McKinsey and Company suggest that volumes send by air freight will increase by around 3% every year for the next decade – all things going well. Air freight rates generally range from $–$ per kilogram, while the value of air cargo typically exceeds $ per kilogram. Commodities shipped by air thus have high values per unit or are very time-sensitive, such as documents, pharmaceuticals, fashion garments, production samples, electronics consumer goods, and perishable. Air cargo market growth is expected to continue to soften in with a slowdown in world trade predicted to hit volume and yield performance. In its annual market update, airline association IATA said that it expects cargo volumes to grow by % to m tonnes this year but improvements will then slow to % to m tonnes in Year-on-year demand growth in December increased %. This was less than half the annual growth rate seen during the middle of but still well above the five-year average of %. Freight capacity grew by % year-on-year in December. Full-year demand for air freight grew at twice the pace of the expansion in world trade (%).

Air Freight in the United States report is published on April 3, and has 43 pages in it. This market research report provides information about Freight, Air Transport, Transport industry. This market research report provides information about Freight, Air Transport, Transport industry.   The freight load factor was 47% in October, much lower than the passenger load factor of %. Cargo yield has remained weak and is expected to . Perhaps one of the most unique attributes of the air cargo industry is the rapid loading and unloading of commodities onto wide-body and narrow-body freighter aircraft via unit load devices (ULDs), including pallets and igloos. Cargo aircraft have large doors and rollers fastened to the deck of the aircraft.   Forwarders Finally See Airfreight Gain Altitude the pricing differential between air and ocean freight, a factor that places incremental pressure on net revenue growth. industry order book.

Overall, IATA forecast that the global airline industry will produce a net profit of $bn in , which is an improvement over a net profit of $bn expected in If achieved, will mark the industry’s 11th consecutive year in the black.   Fuel prices have climbed up the operating costs of the air cargo industry. The ever-increasing cost of fuel is the biggest area of concern for these companies who have to take the blow of the surge by reducing their profitability. 2. Security Threats. Looming threats from terrorists and anti-social elements put the air freight industry in a fix. What is Air Freight? Air Freight & Cargo. Air freight parcel delivery is the transfer and shipment of goods via an air carrier, which may be charter or commercial. Such shipments travel out of commercial and passenger aviation gateways to anywhere planes can fly and land. This study evaluates the market segmentation of airline cargo transport according to service requirements of air freight forwarders. Data obtained using a questionnaire survey reveal that cargo.