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North American operators dominate this segment today. This reflects the extension of express air transportation by the big US integrators, which require large fleets of smaller aircraft to serve destinations across North America.
The US domestic market is more mature, with low growth expected for the future. US operators are turning to larger, more economic aircraft and multi-stop flights, to avoid the point-to-point, one return flight per day operations that have been typical of express operations. Growth in this segment will come from the development of express markets in the fast-growing Chinese and Indian economies: a market that is ideal for aircraft like the A320, now available as a freighter conversion.
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