Freight Air Transport in the UK - Market Research Report (2014-2029)

Facing turbulence: Inflationary pressures are hindering revenue growth in 2023-24

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Over the five years through 2023-24, freight air transport revenue is anticipated to climb at a compound annual rate of 1.1% to £1.1 billion. The level of demand for time-sensitive haulage of valuable goods largely determines the industry's performance. The value of freight transported by the industry has been supported by the weak pound.

The industry includes businesses that transport commercial and private cargo by air, on either scheduled or non-scheduled routes, domestically and internationally. It also includes air transportation that is part of a national postal system but excludes door-to-door courier services.