Air Cargo business is falling down gradually, but still, has mighty plans to take it to successive heights
Whenever there comes consideration of shifting heavy business materials, air cargo carriers are the prior choice. Why is it preferred over other cargo carriers? Well, there is a clear difference. Air Cargo travels through air and reaches its decided point faster than any other means. However, there is excessive fuel cost and the launching of the passenger aircraft affected by cargo holds. There is a question mark on the future of the air cargo.
Demand of Air Cargo in Last Two Years
A recent survey has revealed that there is a significant decline in air cargo business. There is only 5% increase in the air cargo business in 2014, whereas the increase in the next year, 2015, is only 2.2%. It clearly showed that the decline has started in the air cargo industry.
The survey also revealed that there is minor revenue of $50 billion expected in 2016, whereas the same airfreight business exceeded the expectations by $68 billion.
What are the Giant Corporations, FedEx and Amazon planning for?
FedEx and Amazon are considered as the major corporations and they own more than 100 air freighters and also making the plan of own deals in future, that’s why they are on their way to the become largest air cargo holders. According to FedEx future plans, they are expecting to own 100 Boeing freighters by 2018.
Although the survey is showing that there is a big disaster coming in air cargo industry, but with the planning of sound strategies by the big corporations, the air cargo industry is still in safe hands and also in a position to dominate in coming future.
Aircraft threatening the Air Cargo Industry
The development and manufacturing of mighty aircraft Boeing 777 and similar to them, there is a clear message to air cargo industry that it has to do something exceptional to survive because the mighty aircraft not only carry passengers but also can carry massive cargo load.
This is the main reason behind the planning of Amazon and FedEx. Both are with solid plans to dominate the future market and also they will cover their own business by minimising the expenses. Let’s see what will happen. By any means, the air cargo business seems to be safe.
