News / Older freighters look set for the scrap heap as capacity oversupply looms

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Aged freighters are destined for scrappage, with the raft of new orders set to hit the market by 2027 threatening oversupply as capacity demand continues to fall.

This is the assessment of Trade and Transport Group’s newly published Freighter Market Outlook 2023-2027, which describes the global cargo fleet as at a “major inflection point”, following the build-up of a backlog of freighters representing close to 40% of the in-service fleet.

“Unfortunately, as of late Q1 23, world air cargo traffic had contracted ...