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Air cargo is now a $60 billion plus industry in an airline industry with over $700 billion in annual revenues. |
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During the next 20 years, cargo traffic is expected to more than triple, out-pacing passenger traffic and offering airlines more opportunities to generate new revenue. |
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Many global airlines generate over 30% of their revenue from air cargo. |
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The new air cargo world, uses both dedicated freighters as well as passenger bellies in an almost 50/50 split. |
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The cargo business model and business cycle is very different and distinct from the passenger model, even though they often use the same aircraft. |
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Air cargo is rapidly evolving into a highly specialized business with its own set of rules which are very different from those of the passenger carriers. |
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The air cargo business is rapidly moving away from “general cargo” in to highly specialized cargo product verticals, each with its own scientific base. |
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This new “specialization” will transform air cargo into a “dedicated business” requiring a whole new science and a different set of rules to be built around it. |
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Traditional suppliers to the air cargo industry will need to leverage data analytics and data mining technologies to create “bespoke” products for air cargo which are distinct from the passenger business |
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The new air cargo professional will need to become a “specialist” rather than a “generalist”, as the global air cargo industry moves away from the mass market into highly concentrated “micro markets” |
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| AIRCARGOPEDIA, www.aircargopedia.com, is intended to be a highly specialized e-platform driving this change, showcasing the product and service offerings of “game-changing” vendors all over the world. At the same time, through this site we intend to build highly researched pages on each and every subject connected to air cargo operations, featuring top quality editorial, along with the offerings of vendors in that space. |
