Global air cargo traffic is projected to double over the next two decades, prompting demand for nearly 3,000 new and converted freighters as e-commerce, supply chain diversification and high-tech shipments reshape the industry. The global freighter fleet is expected to expand to 4,010 aircraft by 2045, up 67% from 2,395 aircraft in 2025, according to Boeing’s 2026 World Air Cargo Forecast. The outlook, released on October 28 at the International Air Cargo Association’s Air Cargo Forum in Miami, highlights the growing importance of air freight in supporting international trade and increasingly time-sensitive supply chains. Boeing projects global air cargo traffic to grow at an average annual rate of 3.5% over the next 20 years, outpacing long-term economic and trade growth. The expansion is expected to be driven by rising e-commerce volumes, direct-to-consumer business models, advanced manufacturing and shipments associated with artificial intelligence (AI) infrastructure. To accommodate rising demand and replace ageing aircraft, airlines will require an estimated 2,930 new and converted freighters over the forecast period. Boeing expects approximately 55% of these deliveries to provide additional capacity, while the remaining 45% will replace older, less-efficient aircraft. Passenger-to-freighter conversions are projected to account for around two-thirds of deliveries, with the remainder comprising newly manufactured freighters. This mix highlights the continuing role of converted aircraft in expanding cargo capacity while enabling operators to manage fleet renewal requirements. Dedicated freighters are expected to continue carrying more than half of global air cargo traffic in the long term, underlining their importance for shipments requiring dependable capacity, specialised handling and faster transit times. Asia to Drive Air Cargo Growth Trade flows involving Asia are forecast to account for approximately 60% of the global air cargo market, reinforcing the region’s importance in international logistics networks. Businesses are diversifying sourcing and manufacturing locations, while geopolitical disruptions and changing trade routes are prompting carriers to adjust their networks. The demand outlook also reflects the growing movement of high-value technology products. Boeing cited industry data indicating that more than 70% of AI-related goods were transported by air in 2025, demonstrating the mode’s importance for transporting advanced equipment and other time-critical shipments. Global air cargo traffic reached a record annual level in 2025, increasing by nearly 5% compared with 2024 despite trade volatility and geopolitical uncertainty. Express Logistics to Gain Ground The forecast also points to continued growth in express and time-definite delivery services. Boeing expects integrators’ share of global air cargo traffic to approach 25% by 2045 as demand rises for coordinated transport networks that combine air freight with collection, sorting and final delivery. Although, air cargo represents less than 1% of global trade by volume, it accounts for approximately one-third of international trade value, reflecting its significance for high-value, perishable and time-sensitive goods. The projections underline the need for airlines, freight forwarders and logistics providers to prepare for expanding volumes, changing trade lanes and evolving customer expectations. Fleet modernisation, capacity planning and network flexibility will remain central to meeting future demand while maintaining the speed and reliability that make air cargo critical to global supply chains. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!