The rest of the increased fleet would be made of freighters converted from passenger planes. Of the newbuilds, 520 would be large aircraft (80 tons or more capacity), with the rest being medium-sized planes capable of carrying 40 to 80 tons. Smaller freighters would be converted from passenger aircraft.
Boeing forecasts that world air cargo traffic will increase at an annual average of 5.9 percent through 2029, an increase helped immeasurably by projections for a nearly 14 percent increase in volume in 2010.
'The inclusion of the high-traffic growth levels in 2010, following the recession, is driving our cargo forecast upward,' said Randy Tinseth, vice president of marketing, Boeing Commercial Airplanes. 'However, the strength of the industry and its growth will continue to be driven by sound fundamentals, speed and reliability, consumer product innovation and global industrial interdependence.'
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now