Thursday 23 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Air Cargo Market: Cathay Pacific Cargo, FedEx, The Emirates Group and United Parcel Service (UPS)
Other Prominent Vendors in the market are: Airfrance KLM Martinair Cargo, British Airlines, Cargolux, China Airlines, Delta Airlines, Deutsche Post DHL, Etihad Airways, Korean Airlines, Lufthansa, Qatar Airways, Saudi Arabian Airlines, Singapore Airlines and TNT Express.
The report said: “One of the major trends emerging in this market is the increase in airline research, which is resulting in the identification of new transportation routes and strategies in the market. Airlines are adopting the acquisition route to enter the Global Air Cargo market to increase their revenue.”
According to the report, growing number of online retail stores is propelling the growth of the Global Air Cargo market. Online retail stores, especially online fashion stores, are a major source of revenue for the market.
Further, the report states that one of the major challenges that the market faces is competition from various modes of surface transportation such as bullet trains. As these modes of surface transportation are comparatively inexpensive and are much easier to operate, they find greater acceptance among enterprises.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.