BUOYANT consumer confidence, growth of international e-commerce and broad-based global economic upturn are behind Boeing's increased investments in freighters, reports Doha's Gulf Times.
According to the International Air Transport Association (IATA), cargo business generates nine per cent of airline revenues, representing more than twice the revenues from the first class segment.
The value of goods carried by air is expected to exceed US$6.2 trillion in 2018 as airlines move over 62 million tonnes of goods a year, representing more than 35 per cent of global trade.
Qatar too lays significant emphasis on developing its air freight industry, particularly after the blockade on the country by four Arab countries.
Qatar Airways Cargo is the world's second-largest cargo carrier flying a young and modern fleet of 23 freighters to more than 60 dedicated cargo destinations, said the Gulf Times,
Qatar Airways fleet now includes two Boeing 747-8s, thirteen Boeing 777s and eight Airbus A330 freighters.
With no road access and reduced air freight, Qatar Airways Cargo has been playing a crucial role in maintaining critical medical, food and manufacturing supplies to the country.
Clearly, it was a lifeline through Qatar Airways Cargo. Qatar Airways Group undertook a massive airlift of food and grocery items when the illegal blockade was first initiated.
According to the International Air Transport Association (IATA), cargo business generates nine per cent of airline revenues, representing more than twice the revenues from the first class segment.
The value of goods carried by air is expected to exceed US$6.2 trillion in 2018 as airlines move over 62 million tonnes of goods a year, representing more than 35 per cent of global trade.
Qatar too lays significant emphasis on developing its air freight industry, particularly after the blockade on the country by four Arab countries.
Qatar Airways Cargo is the world's second-largest cargo carrier flying a young and modern fleet of 23 freighters to more than 60 dedicated cargo destinations, said the Gulf Times,
Qatar Airways fleet now includes two Boeing 747-8s, thirteen Boeing 777s and eight Airbus A330 freighters.
With no road access and reduced air freight, Qatar Airways Cargo has been playing a crucial role in maintaining critical medical, food and manufacturing supplies to the country.
Clearly, it was a lifeline through Qatar Airways Cargo. Qatar Airways Group undertook a massive airlift of food and grocery items when the illegal blockade was first initiated.