Rolls-Royce expands in air cargo, anticipating market growth due to fast fashion and e-commerce.
Rolls-Royce is expanding its presence in the air cargo market due to growing fast fashion brand popularity and e-commerce demand for rapid overseas deliveries. The company expects the market to double in size within 20 years, requiring 500 large aircraft. Airbus is introducing A350F models powered by Rolls-Royce engines, with e-commerce playing a significant role in driving growth.
July 19, 2024
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