Air freight

From CEOpedia | Management online
Revision as of 21:29, 29 November 2020 by KNagaba-Poniatowski (talk | contribs)

Air freight is a means of transporting products and good across the globe. Cargo is transported daily on several different types of airplanes. This allows for products of origin countries to be delivered in places where that product is most likely unavailable. Air freight is not limited to only certain goods and services, but also luxurious automobiles, exotic animals, military equipment, etc.[1]

History of Air Freight

Types of Aircrafts

Air transport can be divided into

  • Passenger airplane
  • Passenger-goods combination airplane
  • Cargo airplane

Advantages and Disadvantages

Air freight has a large amount of advantages. For example, speed, which is a crucial part of transport, is the reason people choose air freight. When shipping internationally, or just far away, the fastest method of transport is by air.
Since the time of transport is so short, another advantage is the fact that the economy relies on trade and distribution. For example, products of high important e.g. pharmaceuticals, machinery, etc. are crucial for various companies. These products that are important have a specific window of time, when they need to be delivered to meet the demand.
In economic terms, the airplane cargo/passenger combination delivers goods, and takes people to where they need to go. Instead of sending one airplane with one thing, airlines are able to do both at the same time.
The final advantage is the fact that airplanes are extremely reliable. Safety is a large concern for the public and companies.
A big disadvantage, on the other side, is even though plans are extremely reliable, there is always a chance an accident may occur.
Weather is also a key player in air transport. With bad conditions, planes are unable to fly/take off at a given moment.[2]

Biggest Cargo Companies

Here are the biggest cargo companies according to the Top 25 Airlines: Ranked by Cargo Traffic [3]

Rank Airline Scheduled Cargo Tonne–Kilometers (millions)
1 Qatar Airways 13,024
2 Emirates 12,052
3 Cathay Pacific Airways 10,930
4 Federal Express 8,851
5 Korean Air 7,390
6 Lufthansa 7,223
7 Cargolux 7,180
8 Turkish Airlines 7,000
9 United Parcel Service 6,228
10 Singapore Airlines 6,146
11 Air China 5,651
12 China Southern Airlines 5,482
13 China Airlines 5,334
14 AirBridgeCargo Airlines 5,168
15 United Airlines 4,231
16 British Airways 4,200
17 All Nippon Airways 3,922
18 Air France 3,774
19 Polar Air Cargo 3,765
20 KLM 3,609
21 Atlas Air 3,598
22 AeroLogic 3,581
23 Asiana Airlines 3,552
24 EVA Air 3,443
25 American Airlines 3,208

Footnotes

References

Author: Krzysztof Nagaba-Poniatowski