The U-Freight Group, which has a strong presence in the expedited international
airfreight business, notes a very interesting interview that
Air Cargo Week conducted recently with Willie Walsh, direct general of
IATA.
In the article, Mr Walsh offers his opinions on the background
to air cargo within the aviation sector and makes some predictions about its future.
Concurring that while the
airfreight industry transports over USDS6.4 trillion worth of goods, 35% of world trade by value, it has often been a neglected part of the aviation sector, with the more glamorous world of passenger travel taking
centre stage.
“I think that’s probably a fair assessment. I think
airlines traditional were primarily passenger focused, having seen
cargo as a subsidiary activity,” Mr Walsh
told
Air Cargo Week.
“If you look back at the 10 year period from 2009-19, a time without
too much disruption,
cargo revenues represented about 12% of the overall amount taken by the industry. Some people dismissed this as small but, when you consider the net margin during that period was just under 4%, that share was critical” he explained.
To read the article in full, click here:
https://www.aircargoweek.com/willie-walsh-seeks-to-put-cargo-centre-stage/?mc_cid=8330092755&mc_eid=dd3d18434dFor more information about the U-Freight Group's global
air freight forwarding and logistics services, please visit the relevant pages of this website or contact your local office, details of which can be seen here:
https://www.ufreight.com/en/location