THE e-commerce air cargo sector is experiencing an unprecedented surge and is expected to grow remarkably in the coming years, reports Mumbai's Stat Trade Times.
According to Andre Majeres, the head of e-commerce, cargo, and mail operations at the International Air Transport Association (IATA), e-commerce's share of total air cargo volumes is projected to rise from 20 to 30 per cent by 2027.
Speaking at the recent World Cargo Symposium (WCS) in Hong Kong, Mr Majeres further highlighted that the exponential expansion of online shopping drives this increase.
In 2023 alone, an astounding 2.6 billion online shoppers worldwide made 30 per cent more purchases than the previous year. This surge in consumer activity propelled e-commerce sales to reach a staggering US$5.7 trillion in 2023, with expectations of surpassing $8 trillion by 2024.
Said Atlas Air's CEO Michael Steen: 'We expect the demand for general cargo and e-commerce to increase, which will require more dedicated air freight.'
Other airlines, including Astral Aviation, have also observed e-commerce air cargo demand. At the Flower and Perishable Logistics Africa 2024 conference in Nairobi last month, Astral Aviation's chief commercial officer mentioned that 40 per cent of their cargo is e-commerce packages.
During the same event, Saudia Cargo's regional sales director Africa, Ken Mbogo, also stated that they have seen increased demand for freighter capacity due to heavy competition from e-commerce businesses.
SeaNews Turkey
According to Andre Majeres, the head of e-commerce, cargo, and mail operations at the International Air Transport Association (IATA), e-commerce's share of total air cargo volumes is projected to rise from 20 to 30 per cent by 2027.
Speaking at the recent World Cargo Symposium (WCS) in Hong Kong, Mr Majeres further highlighted that the exponential expansion of online shopping drives this increase.
In 2023 alone, an astounding 2.6 billion online shoppers worldwide made 30 per cent more purchases than the previous year. This surge in consumer activity propelled e-commerce sales to reach a staggering US$5.7 trillion in 2023, with expectations of surpassing $8 trillion by 2024.
Said Atlas Air's CEO Michael Steen: 'We expect the demand for general cargo and e-commerce to increase, which will require more dedicated air freight.'
Other airlines, including Astral Aviation, have also observed e-commerce air cargo demand. At the Flower and Perishable Logistics Africa 2024 conference in Nairobi last month, Astral Aviation's chief commercial officer mentioned that 40 per cent of their cargo is e-commerce packages.
During the same event, Saudia Cargo's regional sales director Africa, Ken Mbogo, also stated that they have seen increased demand for freighter capacity due to heavy competition from e-commerce businesses.
SeaNews Turkey