50 SKY SHADES - World aviation news

Boeing predicts freight to grow slower than passenger in 2015

Download: Printable PDF Date: 03 Oct 2015 08:34 (UTC) category:
Boeing predicts freight to grow slower than passenger in 2015 - Manufacturer publisher
Tatjana Obrazcova
Country: United States
Source: Aircargoweek

Airfreight volumes are expected to grow by about four per cent in 2015, compared with passenger increases of six per cent, according to the Boeing vice president of marketing, Randy Tinseth.

Tinseth delivered the Boeing current market outlook at a press event, which Air Cargo Week attended at Luxembourg Airport, where Boeing was delivering Cargolux’s 13th Boeing 747-8 Freighter. He says he expects after the challenges faces particularly in 2011 and 2012 that cargo growth should catch up with passengers by 2017.

Randy Tinseth, Boeing vice president of marketing

Randy Tinseth, Boeing vice president of marketing

Tinseth says: “This year air cargo is expected to grow by three to four per cent. We have seen two years of growth after stagnation in 2011 and 2012.”

Boeing says in 2015 up to July Chinese carriers have seen the largest increase volumes, up by 19.5 per cent, followed by the Middle East at 13.9 per cent. Europe has seen a decline of 0.3 per cent while Latin America is down by 7.2 per cent.

Between 2015 and 2034 Boeing says Africa is expected to grow annually by 6.9 per cent followed by the Middle Eas at 6.3 per cent.Asia Pasific is expected to grow by 5.7 per cent while North America is expected to see the smallest rise, at 2.9 per cent.

Tinseth says: “Some regions will grow at faster rates. These regions will become more important for the market.”

Boeing predicts that 920 freighters will be delivered up to 2034, with demand being led by large widebody aircraft leading the way at 650 units. It predicts there will be 270 medium sized freighters but no new smaller aircraft as they will be passenger to freighter (P2F) conversions.Boeing expects there to be 1,420 conversions up to 2034.

Commenting on expected P2F demand, Tinseth says: “P2F is a very important segment, if you look at the express market segment, you need smaller single aisle flights. Conversions make the most sense.”

Loading comments for Boeing predicts freight to grow slower than passenger in 2015...


DC Aviation opens New hangar at Munich Oberpfaffenhofen Airport

July 20, 2022 will be a big day for DC Aviation as the company will hold an opening celebration to present its new hangar at Oberpfaffenhofen Airport. The approximately 100 invited guests will ex...

Savback Helicopters became ‘Speeder’ Air Utility Vehicle distributor in Nordic countries

Savback Helicopters signed sales representation agreement with Mayman Aerospace. The deal, effective immediately, will see the Sweden-based company market and distribute the compact, high-speed,...

Etihad Airways ‘Sustainable 50’ A350 made inaugural flight to New York

Etihad Airways celebrated the arrival of its new Airbus A350-1000 in the United States following the inaugural commercial flight from Abu Dhabi International Airport (AUH) to New York’s John F....

New Airbus orders in China

On July 1 2022, Airbus confirmed orders with Air China, China Eastern, China Southern, and Shenzhen Airlines for a total of 292 A320 Family aircraft, demonstrating the positive recovery mome...

The drones news