The performance of the Freight Air Transport industry is determined, to a large extent, by the level of downstream demand for the time-sensitive haulage of valuable goods. Industry services are the fastest, but often the most expensive, way to move goods. Air freight demand eased in the early part of the past five years as a result of challenging economic conditions and industry maturity. Poor economic conditions caused world trade volumes, particularly those of high-value goods, to lessen over much of the past few years, which damaged demand for air freight services.
The industry includes businesses that transport commercial and private cargo by air, on either scheduled or non-scheduled routes, domestically and internationally. It also includes air transportation that is part of a national postal system but excludes door-to-door courier services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.