Boeing has predicted that the global demand for air cargo will double over the next 20 years, resulting in the need for 60% more freighters. Most of this demand will come from Asia-Pacific, and a large portion of the influx will be for fleet modernization and replacement. While this presents a significant opportunity for the aircraft manufacturing industry, it also raises the possibility of oversupply in the future, which could impact shippers who need to move oversized shipments.
However, some experts are warning of a potential oversupply of cargo jets in the future, which could impact shippers who need to move oversized shipments. While the demand for air cargo is expected to continue to grow in the coming years, the industry will need to carefully manage capacity in order to avoid an oversupply of freighters.
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