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Freight Chartered Air Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : | Format :


The freight chartered air transport services market consists of sales of freight chartered air transportation services by entities (organizations, sole traders, and partnerships) that use aircraft, such as airplanes and helicopters, to provide chartered (non-scheduled) air transportation services for cargo at a toll per mile or hour for the charter of the aircraft. Only goods and services traded between entities or sold to end consumers are included.

The global freight chartered air transport market is expected to grow from $18.05 billion in 2020 to $20.1 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29.67 billion in 2025 at a CAGR of 10.2%.

The freight chartered air transport market covered in this report is segmented by cargo type into time-critical cargo, heavy and outside cargo, dangerous cargo, animal transportation, others, by application into private use, commercial use.

The growing need for urgent shipment of dangerous goods and hazardous materials is expected to drive the freight chartered air transport market. Sensitive freights with dangerous and hazardous goods including explosives, highly inflammable, gases, radioactive materials, military items, toxic and infectious substances require a special skill set and expert knowledge for shipping the goods. These goods are transported through chartered cargo to avoid explosions and contaminations. For instance, the Federal Aviation Administration (FAA) of the USA, granted the authority for chartered cargo services along with training for all employees, in the form of a part-135 certificate, to operate on demand under FAA approved hazardous materials program. Urgent shipment of dangerous goods and hazardous materials is therefore expected to drive the market growth.

High prices associated with charter cargo flight services are expected to hinder the freight chartered air transport market. The cost of the cargo charter depends on many factors such as origin and destination points, type of commodity shipped, dimensions, and weights. For instance, the freight and logistics prices are above $500,000 for an Asia-Europe A330 charter and above $21 per kilogram on transatlantic routes for some urgent shipments. Additionally, the cost of B777 or B747 carrying 100 tonnes of cargo was $470,000 earlier, which is now costing between $850,000 and $1 million for a round trip with e-commerce goods and general cargo from Europe to China. Therefore, the skyrocketing cost of freight charter services is expected to hinder the market.

The major players covered in the global freight chartered air transport market are Air Charter Service, Air Transport Services Group Inc., Stratos Jet Charters Inc., Cargo Air Chartering, Cathay Pacific Airways Ltd., Air Partner, Fliteline.

The countries covered in the global freight chartered air transport market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global freight chartered air transport market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global freight chartered air transport market is segmented -

1) By Cargo Type: Time Critical Cargo, Heavy And Outside Cargo, Dangerous Cargo, Animal Transportation, Others

2) By Application: Private Use, Commercial Use

3) By End Use: Wealthy Individuals, Sports Teams, Large Corportations

    1. Executive Summary

    2. Freight Chartered Air Transport Market Characteristics

    3. Freight Chartered Air Transport Market Trends And Strategies

    4. Impact Of COVID-19 On Freight Chartered Air Transport

    5. Freight Chartered Air Transport Market Size And Growth

    5.1. Global Freight Chartered Air Transport Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Freight Chartered Air Transport Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Freight Chartered Air Transport Market Segmentation

    6.1. Global Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Time Critical Cargo

    Heavy And Outside Cargo

    Dangerous Cargo

    Animal Transportation

    Others

    6.2. Global Freight Chartered Air Transport Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Private Use

    Commercial Use

    6.3. Global Freight Chartered Air Transport Market, Segmentation By End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Wealthy Individuals

    Sports Teams

    Large Corportations

    7. Freight Chartered Air Transport Market Regional And Country Analysis

    7.1. Global Freight Chartered Air Transport Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Freight Chartered Air Transport Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Freight Chartered Air Transport Market

    8.1. Asia-Pacific Freight Chartered Air Transport Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Freight Chartered Air Transport Market

    9.1. China Freight Chartered Air Transport Market Overview

    9.2. China Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Freight Chartered Air Transport Market

    10.1. India Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Freight Chartered Air Transport Market

    11.1. Japan Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Freight Chartered Air Transport Market

    12.1. Australia Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Freight Chartered Air Transport Market

    13.1. Indonesia Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Freight Chartered Air Transport Market

    14.1. South Korea Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Freight Chartered Air Transport Market

    15.1. Western Europe Freight Chartered Air Transport Market Overview

    15.2. Western Europe Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Freight Chartered Air Transport Market

    16.1. UK Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Freight Chartered Air Transport Market

    17.1. Germany Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Freight Chartered Air Transport Market

    18.3. France Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Freight Chartered Air Transport Market

    19.1. Eastern Europe Freight Chartered Air Transport Market Overview

    19.2. Eastern Europe Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Freight Chartered Air Transport Market

    20.1. Russia Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Freight Chartered Air Transport Market

    21.1. North America Freight Chartered Air Transport Market Overview

    21.2. North America Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Freight Chartered Air Transport Market

    22.1. USA Freight Chartered Air Transport Market Overview

    22.2. USA Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Freight Chartered Air Transport Market

    23.1. South America Freight Chartered Air Transport Market Overview

    23.2. South America Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Freight Chartered Air Transport Market

    24.1. Brazil Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Freight Chartered Air Transport Market

    25.1. Middle East Freight Chartered Air Transport Market Overview

    25.2. Middle East Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Freight Chartered Air Transport Market

    26.1. Africa Freight Chartered Air Transport Market Overview

    26.2. Africa Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Freight Chartered Air Transport Market Competitive Landscape And Company Profiles

    27.1. Freight Chartered Air Transport Market Competitive Landscape

    27.2. Freight Chartered Air Transport Market Company Profiles

    27.2.1. Air Charter Service

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Air Transport Services Group Inc.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Stratos Jet Charters Inc.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Cargo Air Chartering

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Cathay Pacific Airways Ltd.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Freight Chartered Air Transport Market

    29. Freight Chartered Air Transport Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Freight Chartered Air Transport Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Freight Chartered Air Transport Market, Segmentation By End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Freight Chartered Air Transport Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Freight Chartered Air Transport Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Air Charter Service Financial Performance
  • Table 28: Air Transport Services Group Inc. Financial Performance
  • Table 29: Stratos Jet Charters Inc. Financial Performance
  • Table 30: Cargo Air Chartering Financial Performance
  • Table 31: Cathay Pacific Airways Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Freight Chartered Air Transport Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Freight Chartered Air Transport Market, Segmentation By End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Freight Chartered Air Transport Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Freight Chartered Air Transport Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Freight Chartered Air Transport Market, Segmentation By Cargo Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Air Charter Service Financial Performance
  • Figure 28: Air Transport Services Group Inc. Financial Performance
  • Figure 29: Stratos Jet Charters Inc. Financial Performance
  • Figure 30: Cargo Air Chartering Financial Performance
  • Figure 31: Cathay Pacific Airways Ltd. Financial Performance
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