Driven by emerging markets Boeing has released its latest World Air Cargo Forecast (WACF), predicting significant long-term growth in the global air cargo market. The company forecasts that air cargo traffic will increase by an average of 4% annually through 2043, surpassing pre-pandemic levels
Air Cargo
2 new freighters added to air cargo fleet Magma Aviation, a leading air cargo solutions provider, has appointed Peter Kerins as its new CEO. With over 30 years of experience in aviation and logistics, Kerins will spearhead the London, UK-backed company’s global expansion and operational strategy. Kerins’ career began in freight forwarding sales in 1991 […]
Involving complex logistics mission Silk Way Airlines has successfully transported two Beluga whales from Ukraine to their new sanctuary in Spain. This challenging mission, executed under adverse conditions such as the ongoing military conflict in Ukraine, underscores the Baku, Azerbaijan-headquartered airline’s commitment to animal welfare and proficiency in
Africa emerged as the strongest performer The International Air Transport Association (IATA) has reported robust growth in global air cargo demand for May 2024, marking the sixth consecutive month of double-digit year-on-year expansion. According to the latest data released by IATA, demand, measured in cargo tonne-kilometres (CTKs), surged by 14.7% compared to May 2023,