The underlying drivers and future development of air cargo
Air cargo plays a crucial role in the air transport chain and in the globalized economy. As for other modes of transport, the demand for air cargo is a derived demand. Previous studies showed that the main determinants of air cargo demand are merchandise trade and the share of manufactures in merchandise trade. This paper aims to fill a gap in the existing literature by additionally taking the influence of air freight yields and oil prices into account when modelling the global air cargo development. Furthermore, it provides an insight into the future development of air cargo. Forecasts until 2023 are made based on a number of scenarios for the main determinants of air cargo demand. Moreover, an insight is provided into the current air cargo market, including traffic levels and different types of actors and traffic flows. The results are useful not only for academics but also for industry stakeholders for which air cargo is an important contributor to profit and/or cash levels.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/31005945
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Supplemental Notes:
- © 2016 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
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Authors:
- Kupfer, Franziska
- Meersman, Hilde
- Onghena, Evy
- Van de Voorde, Eddy
- Publication Date: 2017-6
Language
- English
Media Info
- Media Type: Web
- Features: Figures; References; Tables;
- Pagination: pp 6-14
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Serial:
- Journal of Air Transport Management
- Volume: 61
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 0969-6997
- Serial URL: http://www.sciencedirect.com/science/journal/09696997
Subject/Index Terms
- TRT Terms: Air cargo; Demand; Forecasting; Logistics; Supply chain management
- Subject Areas: Administration and Management; Aviation; Freight Transportation; Planning and Forecasting;
Filing Info
- Accession Number: 01679941
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 31 2018 1:44PM