Despite a wildly inconsistent air cargo market—characterized by negative global traffic growth in 2008, 2009 and 2011—forecasters are calling for significant demand for freighter aircraft over the next 20 years, asserting that replacements are needed for the aging, existing fleet of cargo aircraft and that growth is inevitable. “There are roughly 1,700 freighters in the global fleet today and over the next 15-20 years two-thirds of the existing freighters are going to ...

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