Air Cargo

Table of Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

• Study Reliability And Reporting Limitations
• Disclaimers
• Data Interpretation & Reporting Level
• Quantitative Techniques & Analytics
• Product Definitions And Scope of Study

II. EXECUTIVE SUMMARY

1. Market Snapshots

2. Industry Overview

• Global Air Cargo Industry - An Overview
• Powered by a Favorable Economy…
• Years 2001 - 2005: A Review
• Current and Future Analysis
• United States Rules the Market While China Races Ahead…
• Industry Drivers
• Economic Factors Have a Direct Influence…
• Other Factors…
• The Asian Influence…
• Fuel Prices
• Pricing Structure
• Competition from Other Transportation Modes
• Airfreight Drives Air Cargo Traffic
• Table 1: Global Air Cargo Traffic (2000-2015): Percentage Breakdown of RTK by Segment -Freight and Mail for years 2000, 2005, 2010, and 2015 (includes corresponding Graph/Chart)
• Non-US Airlines Dominate Global Air Cargo Traffic
• Table 2: Global Air Cargo Traffic (2007): Percentage Breakdown of FTK by Airline Domicile- Non-US Scheduled, US Scheduled, Non-US Charter, US Charter, US Mail and Non-US Mail (includes corresponding Graph/Chart)
• 2005: Intra-Asia Leads in Tonnage Carried
• Table 3: Global Air Cargo Market (2005): Percentage Breakdown of Tonnage Carried by Route- Intra-Asia, Europe-Asia, Asia-North America, Europe-North America, Domestic China, Into, Out and Within Middle East, Southwest Asia, Intra-Europe, Into, Out and Within Africa, Latin America-North America, Domestic and International Combined for Commonwealth of Independent States, Latin America-Europe and Others (includes corresponding Graph/Chart)
• Industry Structure
• Business Models - Integrated & Non-Integrated
• Cargo Vs. Passenger Traffic: A Comparative Overview
• Leading Cargo Carriers
• Table 4: Global Air Cargo Market (2005): Leading Airlines Based On Cargo Volume (in Thousand FTK) (includes corresponding Graph/Chart)

3. Trends

• Global Air Cargo Growth Falls in 2007 (Jan- April)
• Globalization Spurs Air Cargo Demand
• Global - Supply/Demand Dynamics
• Emerging Economies Take the Honors….
• The China Factor….
• No1. Air Cargo Market by the Year 2025….
• India - Fueling Growth in Asian Market…
• Attractive Cargo Market Prompts Airlines to Grab Business
• Infrastructure Stifles Potential Air Cargo Market
• India - Malaysia’s Biggest Air Cargo Market in South Asia
• U.S. Postal Service Leads Domestic Air Cargo Market
  • Table 5: Domestic Air Cargo Market in the United States (FY 2005/06) - Percentage Breakdown by Volume for US Postal Service, FedEx Express, UPS, DHL and Others (includes corresponding Graph/Chart)
  • Table 6: Domestic Air Cargo Market in the United States (FY2005/06) - Percentage Breakdown by Revenue for US Postal Service, FedEx Express, UPS, DHL and Others (includes corresponding Graph/Chart)
  • Revised Inventory Polices
  • Trend Towards E-Commerce
  • Industry Consolidation on the Move
  • Global Alliances
  • The WOW Alliance
  • Others
  • Global Freight Exchange
  • SkyTeam Cargo Alliance

4. Freighter Fleet

• Overview and Outlook
• Table 7: Global Air Fleet (2005): Freighter Operators and Fleets by Region- North America, Europe and CIS, Asia- Pacific, Latin America, Africa, and Middle East (includes corresponding Graph/Chart)
• Table 8: Global Air Fleet (2005): Number of Aircraft by Freighter Type- Large, Long-Range, Regional and Small Jets (includes corresponding Graph/Chart)
• Table 9: Global Air Fleet (2005): Number of Aircraft by Freighter Type- Large, Long-Range, Regional and Small Jets for North America, Europe and CIS, Middle East, Latin America, Africa and Asia-Pacific (includes corresponding Graph/Chart)
• Airfleet Growth by Aircraft Type
• Small Jet Freighters
• Regional Freighters
• Long-Range Freighters
• Large Freighters
• Demand for Widebody Freighters Soars
• Conversions: Salvaging Value from Grounded Aircraft
• Why Conversions are Increasingly Preferred?

5. Service Introductions

• JAL Group Sets Fleet Plan, Cargo Business Route, for FY2007
• Singapore Airlines Cargo Introduces Service to Kenya’s Capital
• Pudong Airport Builds Public Cargo Station
• UPS Introduces UPS Trade Direct in Japan
• Transmile Starts Service to Kuala Lumpur, Hong Kong from Los Angeles
• Cargolux Launches Air Cargo Service to Dammam
• Sodexi Opens Hub At Paris-Charles De Gaulle Airport
• Cathay Pacific Operates Daily Cargo Services to Shanghai
• Container Corp. Launches Air Cargo Linked Truck Services

6. Recent Industry Activity

• DHL and Polar Join Hands
• DHL Expands Operations in Atlanta
• NCA Commences Operations in US and Europe
• Macquarie Acquires Mercury Air Centers
• Mercury Snaps Up JetSouth
• Global Aero Logistics Buys Out World Air Holdings
• Towne Holdings Acquires Complete Transport
• Air India Introduces Committed Cargo Service
• Allcargo Acquires Hindustan Cargo
• NCA Orders Replica of Boeing 747-8 Model Freighter
• Air China to Form Joint Venture with Cathay
• Menzies to Buy Out Universal Air Cargo
• FedEx Express Buys Flying-Cargo Hungary Kft
• Nippon and Jett8 Join Hands
• Air China Cargo is Now an Independent Carrier
• Air China Sells Stake in Dragon Airlines
• Temasek and Partners Form Air Cargo Firm
• Volo do Brasil Acquires VARIG LOG
• Cathay Buys Remaining Stake in Dragon
• Martinair Acquires GSA Sales Network
• Hong Kong Airport and Arup Sign Deal
• Chinese Mainland and Hong Kong Enters into Agreement
• FedEx Express Places Order for Boeing 777 Aircraft
• Menzies Acquires Airline Services Alliance
• Bass Enterprises Snaps Up Cargo 360
• Pemco Delivers Converted B737-400 Freighter
• Cygnus Air Places Order for Converted 757-200 Freighter
• SAS Cargo Inks Deal to Expand Capacity
• Asian Cities Escort CPS Bookings
• Philippines and Taiwan Sign Air Cargo Deal
• SAS Cargo Links with Cargo Portal
• TSA’s New Air Cargo Strategic Plan
• IATA’s E-Freight Aims at Paperless Cargo Processing
• DOT Grants Cargo Rights to US Players

7. Focus on Key Players

• Air China Limited (China)
• Air France-KLM (France)
• Air France (France)
• Alitalia (Italy)
• American Airlines Inc. (USA)
• Asiana Airlines (South Korea)
• ASTAR Air Cargo (USA)
• Atlas Air Worldwide Holdings, Inc. (USA)
• British Airways PLC (UK)
• Cargolux Airlines International S.A (Luxembourg)
• Cathay Pacific Airways Ltd (Hong Kong)
• China Airlines (Taiwan)
• China Cargo Airlines Ltd. (China)
• Continental Airlines, Inc. (USA)
• Delta Airlines Inc. (USA)
• DHL International GmbH (Germany)
• Emirates SkyCargo (UAE)
• EVA Airways Corp. (Taiwan)
• FedEx (USA)
• FedEx Express
• FedEx Ground
• FedEx Freight
• FedEx Custom Critical
• FedEx Trade Networks
• FedEx Services
• Japan Airlines System Corporation (Japan)
• Korean Air (Korea)
• Deutsche Lufthansa AG (Germany)
• Logistics
• Malaysia Airlines Cargo Sdn Bhd (MASkargo) (Malaysia)
• Martinair Cargo (The Netherlands)
• Nippon Cargo Airlines Co Ltd(Japan)
• Northwest Airlines (USA)
• Polar Air Cargo Worldwide, Inc. (USA)
• Qantas Airways Limited ABN (Australia)
• Singapore Airlines (Singapore)
• Thai Airways (Thailand)
• United Parcel Service of America Inc. (USA)
• United Airlines Inc. (USA)

8. Global Market Perspective

• Table 10: World Recent Past, Current & Future Analysis for Air Cargo Traffic by Route - China-North America, China-Europe, Domestic US, Domestic China, Asia-North America, Europe- North America, Asia-Europe, North America-Europe, Europe- China, North America-Asia, North America-China, Europe-Asia, Japan-North America, South America-Europe, South America- North America, Japan-Europe, North America-Japan, Africa- Europe, Europe-Japan, Europe-Africa and Others Independently Analyzed in Billion Freight Ton Kilometers for the Years 2000 through 2010 (includes corresponding Graph/Chart)
• Table 11: World Long-Term Projections for Air Cargo Traffic by Route - China-North America, China-Europe, Domestic US, Domestic China, Asia-North America, Europe-North America, Asia-Europe, North America-Europe, Europe-China, North America-Asia, North America-China, Europe-Asia, Japan-North America, South America-Europe, South America-North America, Japan-Europe, North America-Japan, Africa-Europe, Europe- Japan, Europe-Africa and Others Independently Analyzed in Billion Freight Ton Kilometers for the Years 2011 through 2015 (includes corresponding Graph/Chart)
• Table 12: World 10-Year Perspective for Air Cargo Traffic by Route - Percentage Breakdown of Freight Ton Kilometers for China-North America, China-Europe, Domestic US, Domestic China, Asia-North America, Europe-North America, Asia-Europe, North America-Europe, Europe-China, North America-Asia, North America-China, Europe-Asia, Japan-North America, South America-Europe, South America-North America, Japan-Europe, North America-Japan, Africa-Europe, Europe- Japan, Europe-Africa and Others for the Years 2003, 2007 and 2012 (includes corresponding Graph/Chart)
• Table 13: World Recent Past, Current & Future Analysis for Air Cargo Traffic by Destination -International and Domestic Independently Analyzed in Billion Freight Ton Kilometers for the Years 2000 through 2010 (includes corresponding Graph/Chart)
• Table 14: World Long-Term Projections for Air Cargo Traffic by Destination -International and Domestic Independently Analyzed in Billion Freight Ton Kilometers for the Years 2011 through 2015 (includes corresponding Graph/Chart)
• Table 15: World 10-Year Perspective for Air Cargo Traffic by Destination - Percentage Breakdown of Freight Ton Kilometers for International and Domestic for the Years 2003, 2007 and 2012

III. MARKET

1. The United States

• A. Market Analysis
  • Domestic United States- The Largest Market
  • Table 16: US Intercontinental Air Freight Demand (2006-2008) By Route - US-Latin America, US-European Union and US-Asia (In Million Metric Tons) (includes corresponding Graph/Chart)
  • Airlines Industry: An Overview
  • After Effects of 9/11 Attacks
  • US Domestic Air Cargo
  • Table 17: Domestic Air Cargo Market in the United States (FY 2005/06) - Percentage Breakdown by Volume for US Postal Service, FedEx Express, UPS, DHL and Others (includes corresponding Graph/Chart)
  • Table 18: Domestic Air Cargo Market in the United States (FY 2005/06) - Percentage Breakdown by Revenue for US Postal Service, FedEx Express, UPS, DHL and Others (includes corresponding Graph/Chart)
  • North American Transborder Air Trade
  • Table 19: North American Air Cargo Market (2005): Leading Five Air Cargo Carriers based on Volume Handled (in Thousand FTKs) (includes corresponding Graph/Chart)
  • Sluggish Growth Prospects Necessitate Questfor New Business…
  • Table 20: Domestic Vs. International Air Cargo Traffic in the US: 2001, 2005, & 2010 (In Percentage) (includes corresponding Graph/Chart)
  • Table 21: US Domestic Air Cargo Market (2007): Percentage Breakdown of RTK by Type-Scheduled Freight, Chartered Freight, Mail and Express Carriers (includes corresponding Graph/Chart)
  • Table 22: International Air Cargo Traffic in the US: Percentage Breakup by Cargo Type - Scheduled Freight, Charter Freight, and Mail for 2000, 2002, 2004 & 2006 (includes corresponding Graph/Chart)
• B. Key Market Trends
  • Trend Towards Time-Deferred Services
  • Increasing Usage of Trucks
  • Price Fluctuations
• C. Factors Affecting the Market
  • Impact of Iraq War
  • Antiterrorism Regulations
• D. Strategic Developments / Service Launches
• E. Key Players

2. Canada

• Market Analysis
• An Overview
• Air Cargo Market
• Table 23: Canadian Air Cargo Market (2000-2010): Total Enplaned and Deplaned Air Cargo at Domestic, International and Other Transborder levels in Thousand Tons (includes corresponding Graph/Chart)
• Table 24: Canadian Air Cargo Traffic: Percentage Breakup by Type - Freight and Mail (includes corresponding Graph/Chart)
• Table 25: Domestic Vs. International Air Cargo Traffic in Canada (In Percentage) (includes corresponding Graph/Chart)

3. Europe

• A. Market Analysis
  • Europe-North America
  • Table 26: Europe-North America Air Cargo Market (2007): Percentage Breakdown of Tonnage Carried from Germany, UK, France, Italy, Netherlands and Others to North America (includes corresponding Graph/Chart)
  • Europe-Asia
  • Europe-Latin America
  • Table 27: Europe-Latin America Air Cargo Market (2007): Percentage Breakdown of Tonnage by Commodity-Automobiles and Accessories, Electrical Machinery, Transport Equipment, Industrial Machinery and Equipment, Manufactures of Metals and Others (includes corresponding Graph/Chart)
  • Intra Europe and Inter-Continental AirCargo Services
  • Table 28: Intra Europe Air Cargo Market (2007): Percentage Breakdown of RTK by Type- Scheduled, Mail and Express (includes corresponding Graph/Chart)
  • Table 29: German Air Cargo Market (2005-2006): Total Cargo Loaded and Unloaded at German Airports in Million Tons
  • Table 30: European Air Cargo Market (2005): Leading Five Air Cargo Carriers based on Volume Handled (in Thousand FTKs) (includes corresponding Graph/Chart)
  • Russian Airlines Industry: An Overview
  • Table 31: Russian Heavy-Lift Air Cargo Market (2004-2006): Percentage Breakdown of Major Players - Volga-Dnepr (Russia), Antonov (Ukraine), Polet (Russia), and Others (includes corresponding Graph/Chart)
• B. Trends
  • Eastern European Countries Join the Bandwagon
  • Air Cargo Services in Europe
  • Dependence on Night Flights
  • Trucking - An Integral Part of ScheduledFreight Services
  • Exchange Rates and Air Trade Directionality
• C. Strategic Developments / Service Launches
• D. Key Players

4. Asia-Pacific

• Overview and Outlook
• Table 32: Asia-Pacific Air Cargo Market (2005): Top Five Air Cargo Carriers with Volume in Thousand FTKs (includes corresponding Graph/Chart)
• Economic Overview
• Influencing Factors…
• Electronics Shipments Propels Air Cargo Rates
• Impact of FDI
• Factors Influencing Regional Trade
• Major Markets
• China
• Economic Overview and Outlook
• Table 33: Total Trade Value in US$ Billion Between China and US (2001-2006) (includes corresponding Graph/Chart)
• Major Provinces
• Table 34: PRC Air Freight in Thousand Tons by Commodity- Intermediate Goods, High Tech Goods, Consumer Goods, Capital Goods and Other for Years 2005 and 2006 (includes corresponding Graph/Chart)
• Investments Pour for Infrastructure Development
• Asia- North America
• Table 35: Asia-North America Air Cargo Market (2007): Percentage Breakdown of Tonnage in Eastbound Transpacific Flow by Commodity- Office Machines and Computers, Apparel, Telecom Equipment, Electrical Machinery, Miscellaneous Manufactured Items and Others (includes corresponding Graph/Chart)
• Table 36: Asia-North America Air Cargo Market (2007): Percentage Breakdown of Tonnage in Westbound Transpacific Flow by Commodity-Documents and Small Packages, Electrical Machinery, Chemical Materials, Organic Chemicals, General Industry Equipment, Miscellaneous Manufactured Items and Others (includes corresponding Graph/Chart)
• Asia-Europe
• Table 37: Asia-Europe Air Cargo Market (2007): Percentage Breakdown of Tonnage in Eastbound Flows by Commodity- Miscellaneous Manufactured Items, General Industry Machinery, Documents and Small Packages, Electrical Machinery and Apparatus, Pulp and Waste Paper and Others (includes corresponding Graph/Chart)
• Table 38: Asia-Europe Air Cargo Market (2007): Percentage Breakdown of Tonnage in Westbound Flows by Commodity- Articles of Apparel, Miscellaneous Manufactured Items, Electrical Machinery and Apparatus, Documents and Small Packages, Office Machines and Others (includes corresponding Graph/Chart)
• Intra-Asia
• Southwest Asia
• Europe- Southwest Asia’s Principal Air Trade Partner
• India and Pakistan Drive Southwest Asian Air Cargo Sector
• India
• Attractive Cargo Market Prompts Airlines to Grab Business
• Table 39: Indian Air Cargo Market (2000-2010): Air Cargo Traffic in Thousand Metric Tons by Destination- International and Domestic (includes corresponding Graph/Chart)
• Infrastructure Stifles Potential Air Cargo Market
• India- Malaysia’s Biggest Air Cargo Market in South Asia
• Strategic Developments / Service Launches
• Key Players

5. Latin America

• Overview
• Table 40: Latin American Air Cargo Market (2005): Leading Five Air Cargo Carriers based on Volume Handled (in Thousand FTKs) (includes corresponding Graph/Chart)
• Table 41: Air Cargo Traffic in Latin America: Percentage Breakup by Cargo Type - Freight and Mail (includes corresponding Graph/Chart)
• Overall Latin American Airline Industry: Bucking The Trend
• Latin America-North America are Back on Track
• Mexico Dominates Central America- North America Market
• Latin America-Europe
• Principal Goods Shipped by Air…
• Table 42: Latin America-Europe Air Cargo Market (2007): Percentage Breakdown of Tonnage by Commodity- Flowers, Automobiles and Accessories, Electrical Machinery, Fish, Leather and Leather Manufactured Goods and Others (includes corresponding Graph/Chart)
• Key Players

6. Rest of World

• The Middle East
• Economic Overview
• Europe-Main Trade Partner
• Major Commodities Shipped Through Air
• Table 43: Africa/Middle East Air Cargo Market (2005): Leading Five Air Cargo Carriers based on Volume Handled (in Thousand FTKs) (includes corresponding Graph/Chart)
• Africa
• Economic Outlook
• Europe- Principal Trade Partner
• Aviation Infrastructure Relatively Better
• Strategic Developments / Service Launches
• Key Players

COMPETITIVE LANDSCAPE