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The traffic growth rates of 12 major air cargo markets in 2013 reveals a few crucial developments for the industry. Domestic and intraregional markets were surprisingly resilient in the face of weak economic and trade growth, helping to spur demand for standard-body freighter airplanes. Traffic on international trade lanes connected to developing world markets generally rose compared with 2012 traffic levels. However, air trade contracted in both directions on nearly all the east-west trade lanes (those that connect Asia with Europe, Asia with North America, and Europe with North America).
Nearly 80 percent of long-haul air cargo traffic (routes longer than 4,500 kilometers) flows on these east-west trade lanes. Most of the cargo carried on these routes is transported on large widebody freighters. Air cargo traffic on these vital routes slackened during the global economic downturn, causing the yields of most large-freighter operators to fall. In response to flagging demand and declining yields, operators curtailed large-freighter flights, in some cases parking their widebody airplanes. There were as many as 70 parked 747-400 and MD-11 freighters during the slowest period. In the third quarter of 2014, however, operators began to return these two models to service as traffic volumes picked up.
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