Cargo Connect March 2019

Page 21

cover story

As per the Boeing 20-Year Forecast, while global air cargo would reach 509 billion Revenue Tonne Kilometers (RTKs) by 2035, i.e. twice that seen in 2015, at an annual average rate of 4.2 percent, Asia would lead the growth with China, intra-Asia, and Indian market expanding at the highest rates of 6.2 per cent, 5.5 per cent and 6.7 per cent per annum respectively. Here, we try to decipher the trends driving Asia’s air cargo ascent with articulating the voices of industry experts. Upamanyu Borah

march 2019 - CargoConnect

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