The economies of Latin American are growing, and many economists expect customers in these countries to drive new demand for air cargo services.
According to a recent article in Digital Signage Today, for example, Latin America's middle class population is expected to grow to the point where it represents more than half of the region's total by 2032. This is largely due to the fact that the Latin American economy as a whole is expected to grow faster than that of the rest of the world throughout the next decade.
As a result, while global air traffic is increasing by 4.7 percent annually on average, Latin America is expected to experience a 5.2 percent jump. Some of this is due to additional transportation within the country. As the news source points out, only 40 percent of Latin America's top 20 cities connect passengers with "at least one flight per day."
To satisfy demand, air cargo carriers are turning to larger aircraft like the Airbus A380.
"Very large aircraft, such as the A380, not only help alleviate traffic congestion at busy airports, but they can assist Latin American airlines to compete with their foreign competitors," Rafael Alonso, executive vice president of Airbus for Latin America and the Caribbean, told Air Cargo World. "At the same time, the A380 addresses international air traffic requirements needed to serve long-haul flights to Europe."
Larger aircraft and higher freight volumes requires new programs to ensure the quality of the transportation service. By using proof of condition services like CargoSnapshot, shippers can keep detailed records of the cargo they ship, which is useful for both themselves and their customers.