A report from the Economist Intelligence Unit, published in October 2020, predicted double-digit growth in global new-vehicle sales in 2021, and a recent report from ING cites predictions from Moody’s of a rebound of 11-12% in aggregate organic revenues of European auto parts suppliers in 2021*.
Freddie Overton, regional commercial manager for Europe & Africa at IAG Cargo commented: “We’ve seen an increase of requests to charter our aircraft to transport automotive parts across the world. The use of airfreight in the automotive industry continues to grow and given the need to operate on a just-in-time basis, only air cargo can transport time-critical spare parts to its destination in hours rather than weeks.
“In addition to our Charter service, our customers benefit from our Critical service – so whether it’s a last-minute order or emergency replacement equipment we can support them to move critical shipments across the globe via our extensive network.”
