Air cargo market in the U.S. - Statistics & Facts
The continued growth in population levels worldwide—coupled with increased economic activity — in light of globalization and modern interconnected economies have led to the accelerated expansion of the air cargo market worldwide. In 2020, due to the COVID-19 pandemic, air freight traffic decreased by 9.1 percent. Nonetheless, the air cargo traffic is expected to recover and reach 63.1 million tons of freight carried through commercial airlines worldwide in 2021. That same year, cargo airlines forecasted revenue will surpass 150 billion U.S. dollars worldwide.
