WORLD AIR CARGO FORECAST 2018–2037 FOREWORD The Boeing Company issues the biennial World Air The next update to the WACF will appear in fourth Cargo Forecast (WACF) to provide a comprehensive, quarter 2020. The authors welcome any questions up-to-date overview of the air cargo industry. The fore- or comments readers may have. All queries and cast summarizes the world’s major air trade markets, suggestions should be directed to the following: identifies major trends, and presents forecasts for the future performance and development of markets, as BOEING WORLD AIR well as for the world freighter airplane fleet. CARGO FORECAST TEAM This document would not be possible without the Boeing Commercial Airplanes efforts of several contributors. The Boeing World Air P.O. Box 3707, MC 21-33 Cargo Forecast 2018–2037 production team included Seattle, WA 98124-2207 USA Boeing Creative Services, Digital Strategy Team, and our colleagues in the Market Analysis Group. Web We give special thanks to Ryo Abe for his diligent www.boeing.com/commercial/market/cargo-forecast efforts on the Airline Cargo Traffic Database (ACTD), which includes more than 800 airlines, as well as his Tom Crabtree research and authoring of the Intra-Europe and South
[email protected] Asia chapters. Thank you also to Wendy Moore, Tom Hoang who researched and modeled the air freight yield
[email protected] curves in the Air Cargo Industry Overview; Katrina Krebs, for development of the North America chapter; Russell Tom Adin Herzog, who authored the Latin America and
[email protected] Europe chapter, analyzed the historical airline cargo revenues, and assisted in the development of the Air Gregg Gildemann Cargo Industry Overview; Ben Su, for analysis and
[email protected] authoring of the Latin America and North America chapter; and Jayden Lee, who developed the insights and analysis behind the Intra–East Asia and Oceania chapter and the Executive Summary.