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AIR FREIGHT SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Air Freight Services Market, By Services (Freight, Express, Mail, and Other), By Destination (Domestic and International), By End User (Private and Commercial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Key Developments

  • In March 2024, Challenge Group, an international air cargo conglomerate, announced the launch of a new scheduled freighter service connecting Mumbai (BOM) and Liège (LGG). The route will operate twice weekly, utilizing the capacity of Challenge Group's recently acquired second B767 freighter, which has a payload of 52 tons per flight.
  • In February 2024, AllMasters, a digital freight consolidation platform focusing on Less Than Container Load (LCL) exports, introduced its recent solution planned to tackle the challenges faced by freight forwarders in the industry
  • In February 2024, Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, announced a strategic partnership with Worldwide Flight Services (WFS), a member of the SATS Group, to provide cargo handling services at 12 major international airports across Europe, Scandinavia, North America, India, and the Asia Pacific region.

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