The new Boeing forecast shows Asia-North America and Europe-Asia will continue to be the dominant world air cargo markets with the most traffic volume. Intra-Asia, domestic China and Asia-North America markets are expected to have the fastest rates of growth over the next 20 years.
With increased air cargo traffic, the world freighter fleet is also expected to grow with deliveries of 840 new factory-built airplanes and 1,330 passenger-to-freighter conversion airplanes. More than 52 percent of those deliveries are expected to replace retiring airplanes and the remainder used for growth.
More than 70 percent of the new factory-built airplanes scheduled to deliver between 2014 and 2033 are forecast to be large freighters, such as the 747-8 and 777