The global air freight sector recovered in 2014 after a period of declines in 2012 and 2013. The
sector is expected to slowly increase in value and volume terms over the next five years. According
to MarketLine (a unit of Informa plc), the global air freight sector generated total revenues of
$125,479.9 million in 2014, representing a compound annual growth rate (CAGR) of 1.2% between
2010 and 2014. Furthermore, the performance of the sector is forecast to accelerate, with an
anticipated CAGR of 2.1% for the 2014-19 periods, which is expected to drive the sector to a value
of $139,546.9 million by the end of 2019.