DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gq8d48/global_air_cargo) has announced the addition of the "Global Air Cargo Market 2015-2019" report to their offering.
The Global Air Cargo market to grow at a CAGR of 5.97% over the period 2014-2019.
Air cargo services include the shipment of all kinds of goods by the air to both international and domestic customers at competitive rates. Such services are provided by air cargo companies, which arrange for the transfer, customs clearance, and tracking of consignments.
One of the major trends emerging in this market is the increase in airline research, which is resulting in the identification of new transportation routes and strategies in the market. Airlines are adopting the acquisition route to enter the Global Air Cargo market to increase their revenue.
According to the report, growing number of online retail stores is propelling the growth of the Global Air Cargo market. Online retail stores, especially online fashion stores, are a major source of revenue for the market.
Further, the report states that one of the major challenges that the market faces is competition from various modes of surface transportation such as bullet trains. As these modes of surface transportation are comparatively inexpensive and are much easier to operate, they find greater acceptance among enterprises.
The cargo is transported by passenger aircraft and charter aircraft. Air cargo companies or freight forwarders provide the following services:
- Shipment of goods by airways
- Door-to-door delivery of goods
- Customs clearance
- Tracking of cargo
- Packaging of goods
- Cargo Pacific
- United Parcel Services
Other Prominent Vendors
- Airfrance KLM Martinair Cargo
- British Airlines
- China Airlines
- Delta Airlines
- Deutsche Post DHL
- Etihad Airways
- Korean Airlines
- Qatar Airways
- Saudi Arabian Airlines
- Singapore Airlines
- TNT Express
For more information visit http://www.researchandmarkets.com/research/gq8d48/global_air_cargo