Shaping the future

Shaping the future

Air cargo has grown more crucial in global trade, with cross-border e-commerce and international trade surging. The Airbus Global Market Forecast for 2024 predicts a demand for 2,470 freighters between 2024 and 2043, driven by the need for fleet modernisation and capacity expansion. 

“The global freighter fleet will grow from to 3,360 by 2043. This is a tremendous opportunity to introduce new technology and redefine air cargo operations,” Zhang Hanguang, Airline Marketing Director for China at Airbus, stated.

The Asia-Pacific region is at the forefront of this transformation, with China poised to triple its freighter fleet by 2043. Zhang emphasised the region’s growing significance, stating, “China’s role in international trade will only expand further, making it critical for us to provide freighters that meet the evolving needs of this dynamic market.”

Rising demand 

Airbus forecasts a significant expansion of the global freighter fleet, with the number of aircraft expected to grow. This reflects a demand for 2,470 freighters over the next two decades, driven by a growing reliance on air cargo for cross-border e-commerce and international trade.

“Freighters are the backbone of global trade, enabling the swift movement of goods that fuel economies,” Zhang emphasised. “This growth is fuelled by the rapid rise of e-commerce and the pressing need for modern, efficient aircraft to meet evolving demands.”

China, a critical player in the air cargo sector, is projected to see its freighter fleet more than triple, from 260 to approximately 780 aircraft by 2043. This surge includes the demand for 690 new freighters, with a significant focus on mid-size and large widebody aircraft capable of handling payloads above 40 tonnes.

Outpacing general cargo

One of the standout insights from Zhang’s presentation was the accelerated growth of express cargo, which is expected to see a compound annual growth rate (CAGR) of 4.4 percent between 2027 and 2043. In comparison, general air cargo is projected to grow at a slower rate of 2.7 percent annually.

“Express cargo is driving the shift in airfreight,” Zhang noted. “Consumers want faster delivery, and air cargo is critical for meeting these expectations in domestic and cross-border markets.”

This trend is further reinforced by the rise of cross-border e-commerce, where 80 percent of shipments rely on airfreight. 

As Zhang pointed out, leading markets such as China, the United States, and Germany are at the forefront of this shift, with air cargo becoming indispensable for meeting the demands of global online shoppers.

Setting new standards

The Airbus A350F is positioned as a game-changer for Airbus. Built on the proven A350 platform, the freighter combines advanced technologies, environmental sustainability, and operational efficiency to meet the demands of modern logistics.

The new Airbus A350F equipped with enhanced capacity and efficiency offers a payload capacity of up to 111 tonnes and a range of 4,700 nautical miles. Its large XL cargo door enables the transportation of oversized goods, making it more versatile than competitors like the Boeing 777F. “The A350F provides more payload and volume than its peers, ensuring airlines can maximise revenue per flight,” Zhang explained.

With ongoing sustainability leadership as environmental regulations tighten, the A350F sets a benchmark with a 40 percent reduction in CO2 emissions compared to older models like the 747-400F. Zhang noted, “The A350F not only meets but exceeds ICAO’s 2027 carbon emission standards, reflecting Airbus’s commitment to a greener future.” 

Operational cost advantages to the freighter boast 20 percent lower fuel burn than older aircraft, translating to significant cost savings for operators. Additionally, the A350F shares 99 percent commonality with its passenger variant, reducing training, maintenance, and spare parts costs. “With 90 more available revenue days over 16 years, the A350F offers unmatched operational efficiency,” Zhang added.

Technological innovations

Airbus is not just meeting the growing demand for freighters but also redefining the standards for sustainability and efficiency in the industry. The new-generation freighters, including the A350F, are optimised for lower fuel consumption and reduced carbon emissions, aligning with the International Civil Aviation Organization’s (ICAO) stringent environmental standards set to take effect by the end of 2027.

“The A350F is a game-changer for the industry,” Zhang explained. “It offers up to 20 percent lower fuel burn and CO2 emissions compared to existing freighters while maximising payload capacity and operational reliability.”

The A350F features several innovations, including a 4.3-metre-wide XL cargo door, enhanced loading systems, and full temperature-controlled cargo compartments, making it suitable for sensitive goods like vaccines and perishables. These advancements not only reduce operating costs but also enable airlines to cater to diverse customer needs efficiently.

Leading the charge

The Asia-Pacific region, including China, is set to become the largest market for international trade, with a projected CAGR of 3.9 percent from 2023 to 2043. Zhang highlighted that this growth will account for 40 percent of the world’s trade by 2043, underscoring the region’s strategic importance.

“Asia-Pacific is the engine of global trade growth,” Zhang stated. “China’s leadership in this market is undeniable, and its investments in freighter capabilities are positioning it as a global logistics hub.”

Industry needs

The A350F’s design caters to a diverse range of cargo, including pharmaceuticals, electronics, and e-commerce shipments. Its temperature-controlled compartments and advanced air circulation systems make it ideal for handling sensitive goods such as vaccines and perishables. “This freighter is not just about capacity; it’s about delivering tailored solutions for today’s complex logistics challenges,” Zhang remarked.

e-commerce, which accounts for 80 percent of cross-border B2C shipments by air, plays a pivotal role in driving demand for modern freighters. Zhang noted, “The A350F is optimised for the express sector, which is growing at a faster rate than general cargo. It is designed to keep up with the evolving expectations of e-commerce consumers worldwide.”

Dynamic market

Airbus has secured a 56 percent market share in freighter orders through its innovative designs. The A350F directly competes with Boeing’s 777-8F but stands out with its lower emissions, larger cargo door, and higher payload capabilities. Zhang expressed confidence in Airbus’s positioning: “The A350F is not just a new freighter; it’s a value-generation machine that sets new benchmarks for performance, sustainability, and reliability.”

As Zhang concluded, “Air cargo is not just about moving goods; it’s about enabling global connectivity and economic growth. The investments we make today in innovation and sustainability will define the future of this critical industry.”

Picture of Ajinkya Gurav

Ajinkya Gurav

With a passion for aviation, Ajinkya Gurav graduated from De Montford University with a Master’s degree in Air Transport Management. Over the past decade, he has written insightful analysis and captivating coverage around passenger and cargo operations. Gurav joined Air Cargo Week as its Regional Representative in 2024. Got news or comment to share? Contact ajinkya.gurav@aircargoweek.com

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