Air Cargo

Global Freighter Fleet Set for 747 New Aircraft Deliveries Through 2045

The global freighter fleet will receive approximately 747 new aircraft over the next 20 years, according to Cirium's latest Fleet Forecast. The projected annual expansion rate of 2% represents a slowdown from the prior 2.5% estimate, reflecting multiple production headwinds. Supply chain disruptions, engine shortages, prolonged certification processes, rising costs and geopolitical tensions are hampering capacity additions. Widebody freighter demand remains strong, yet fuel price volatility and shifting international trade patterns pressure sector economics. E-commerce shipments, high-value cargo, time-sensitive logistics and specialty goods remain key demand drivers. Industry observers emphasize that meeting airline expansion and fleet replacement targets depends on supply chain resilience, engine availability and scaled production capabilities.