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Imperial Capital predicts "freight represents a significant upside opportunity for aftermarket demand in 2013," according to a report the company released today. It says the average freighter aircraft is 21 years old and predicts the forecasted recovery in the cargo market this year will mean about 50 or so aircraft will depart the desert to meet capacity requirements. IATA yesterday released its 2012 traffic figures that show passenger demand picked up 5.3% for the year but cargo dropped 1.5%. The organization pointed out that the bright spots in cago traffic last year occurred between Asia andAfrica, which benefitted carriers in both the Middle East and Africa.
Imperial Capital predicts "freight represents a significant upside opportunity for aftermarket demand in 2013," according to a report the company released today.
It says the average freighter aircraft is 21 years old and predicts the forecasted recovery in the cargo market this year will mean about 50 or so aircraft will depart the desert to meet capacity requirements.
IATA yesterday released its 2012 traffic figures that show passenger demand picked up 5.3% for the year but cargo dropped 1.5%. The organization pointed out that the bright spots in cago traffic last year occurred between Asia andAfrica, which benefitted carriers in both the Middle East and Africa.
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