Air freight

Updated: Aug 20, 2021

Although initially airlines saw their principal function as passenger vehicles offering swift travel services between different countries or parts of countries, and considered the carrying of freight as a sideline or a means of filling empty space, the idea of operating an airline for carrying cargo has gained increasing favour in recent years.

The first type of air freight was mail. which took up relatively little space. As time progressed producers of goods saw the competitive advantages of being able to fulfil orders, particularly those for lightweight goods, in a far shorter time by using lir transport. The attraction is still greater where the weight-related charges are small or very competitive. Now, far from seeing cargo as an ‘extra’, airlines are becoming increasingly conscious of its economic benefits and aircraft have been designed and flown on a ‘cargo only’ basis.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.