Record Q4 for Lufthansa Cargo as its faith in ecommerce pays off
Lufthansa Cargo said it had a record set of results in the fourth quarter – ...
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Indian air cargo volumes are expected to quadruple over the next two decades, propelled by soaring ecommerce demand and manufacturing expansion, according to US aircraft maker Boeing.
Boeing’s World Air Cargo Forecast 2024-2043 notes that the Indian market is seeing the fastest ecommerce demand traction, about 25% annually.
“Rising household incomes, high internet penetration and widespread smartphone adoption are powering a booming ecommerce market [in India],” says the the plane-maker.
“Although still relatively small in volume, compared with established ecommerce ...
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