Top 25 Cargo Airlines Announced
Air Transport

Top 25 Cargo Airlines Announced

New IAPA figures show the leading liners

New figures for 2017 from the IATA’s World Air Transport Statistics show the leading air-based cargo carriers in the world.

First position is taken by US-giant Fed Ex, closely followed by Emirates in second place, while United Parcel Service comes in third.

Top 25 Cargo Airlines Announced

Many of the key carriers have experienced a boom recently, and that has been exemplified in the results.

While Middle East carriers have seen slightly lower demand than the rest of the world, Emirates was still able to exhibit 3.6% growth and maintain its position as a world-leading liner.

According the latest figures from WorldACD, 2.6% growth in May compares unfavourably with the growth of 4.3% witnessed so far in 2018.

In 2017, demand around 9.6% positive.

The WorldACD said in a statement: "The development in air cargo in the month of May 2018 confirms a downward growth trend noticed since the start of this year, but growth it is nonetheless.

“The fear of growing protectionism is real, and that fear may well play a role in a shift away from consumption.”

Despite the recent downturn, Boeing recently made a statement predicting massive growth in the air transport sector imminently.

Read more: Boeing Predicts Huge Growth in Air Transport Market