Report forecasts growth in narrowbody freighter demand

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SEATTLE, WASHINGTON (May 26, 2014) –Demand for freighter aircraft continues to trend higher, according to a newly released forecast issued by ACMG.

According to ACMG, the air freight market will need about 125 new freighters per year to meet growth and replacement needs over the next twenty years in a “baseline-growth” scenario, which is based on 4.5% annual growth in demand. This compares to the 95 freighters (production units and passenger-to-freighter conversions) added per year from 1990-2014.