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NAICS 481212 Quarterly Industry Report

Nonscheduled Chartered Freight Air Transportation

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 481212Sector: 48Updated: Q1 2026

About This Report

This NAICS 481212 industry report compiles data from the U.S. Census Bureau[5] Service Annual Survey, Bureau of Labor Statistics[6] employment statistics for air transportation workers, and Small Business Administration[7] size standard tables. Fair Market Value researchers supplement these federal sources with Federal Aviation Administration cargo operator data and charter freight market reports to produce quarterly updates. Each NAICS 481212 report revision captures charter volumes, fleet activity trends, and competitive dynamics across the nonscheduled freight air transportation sector.

Industry Snapshot

Key metrics for the nonscheduled chartered freight air transportation industry.

Establishments
608
2024 annual average[1]
5-Year Growth
-10.3%
Establishment count, 2017–2022[2]
Avg. SBA Loan
$300K
7(a) program, FY 2025[4]
Industry Revenue
$11M
2022 Economic Census[2]
Share of Sector
0.1%
By establishment count, 2022 Census[2]
NAICS Sector
48

Industry Definition & Overview

Nonscheduled Chartered Freight Air Transportation (NAICS 481212) encompasses establishments primarily engaged in providing air transportation of cargo without transporting passengers, with no regular routes and no regular schedules. Charter freight operators fly on-demand cargo missions for shippers needing capacity outside scheduled airline networks. These operations serve emergency shipments, oversized cargo, military logistics, humanitarian relief, and seasonal demand surges that exceed available scheduled freighter capacity. The U.S. Census Bureau[5] separates nonscheduled freight charter operations from scheduled cargo airlines (481112) that fly fixed routes on published timetables and from air courier services (492110) that provide door-to-door parcel delivery. Charter freight operators use a range of aircraft from small turboprops handling regional cargo loads to Boeing 747 freighters moving heavy project cargo across continents. Automotive parts, aerospace components, oil field equipment, and live animal shipments represent common charter freight categories. Operational flexibility distinguishes charter freight from scheduled service. Carriers adjust departure times, routing, and aircraft selection to match individual shipment requirements. Peak season demand from e-commerce, agricultural harvests, and holiday retail creates surge opportunities that charter operators fill when scheduled capacity tightens. Government and military contracts for cargo movement provide a stable revenue base for operators with appropriate security clearances and aircraft certifications. Empty repositioning flights between charter assignments create cost management challenges that operators address through backhaul marketing and load-matching platforms connecting available aircraft with waiting shipments.

What's Included in This Industry

  • Operating on-demand charter freight flights for individual shipper requirements
  • Providing emergency and time-critical cargo air transportation services
  • Transporting oversized and heavy-lift cargo on chartered freighter aircraft
  • Flying humanitarian relief and disaster response cargo missions on charter basis
  • Providing military and government contract cargo airlift services
  • Transporting live animals and perishable goods on chartered cargo flights
  • Operating seasonal surge freight capacity during peak shipping periods
  • Providing project cargo charter flights for oil, gas, and mining operations
  • Transporting automotive parts and aerospace components on ad-hoc freight charters
  • Flying charter cargo missions with turboprop and jet freighter aircraft

NAICS Classification Hierarchy

NAICS classification hierarchy for 481212
LevelDescriptionCode
SubsectorAir Transportation481
Industry GroupNonscheduled Air Transportation4812
NAICS IndustryNonscheduled Air Transportation48121
National IndustryNonscheduled Chartered Freight Air Transportation481212

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
481112Scheduled Freight Air TransportationScheduled freight airlines operate fixed-route cargo services that charter operators supplement during peak demand periods and for shipments requiring custom routing
481211Nonscheduled Chartered Passenger Air TransportationNonscheduled charter passenger carriers share similar operational structures and regulatory frameworks with charter freight operators under FAA oversight
492110Couriers and Express Delivery ServicesCourier and express delivery services provide integrated door-to-door shipping that sometimes contracts with charter freight operators for supplemental airlift
488190Other Support Activities for Air TransportationAir cargo handling and support services at airports provide loading, unloading, and warehousing that charter freight operators rely on at each stop
336411Aircraft ManufacturingAircraft manufacturers produce new freighter aircraft and airframes for passenger-to-cargo conversion that charter freight operators acquire for fleet expansion
481219Other Nonscheduled Air TransportationOther nonscheduled air transportation covers specialty flying services that share similar FAA certification requirements and general aviation operating environments

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Nonscheduled Chartered Freight Air Transportation
#State% Est.Total Est.
1Florida
21.5%
40
2California
17.2%
32
3Texas
13.4%
25
4New York
7.0%
13
5Illinois
6.5%
12
6Alaska
5.4%
10
7Michigan
5.4%
10
8Ohio
3.8%
7
9Virginia
3.2%
6
10Oregon
3.2%
6
Source: County Business Patterns, U.S. Census Bureau[3]

SBA Lending Summary

8
Total SBA Loans
$2.4M
Total Loan Volume
$300K
Average Loan Size
10 yrs
Average Loan Term
12.00%
Average Interest Rate
360
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: The Small Business Administration[8] classifies businesses under NAICS 481212 as small if they employ no more than 1,500 employees. Most charter freight operators are small companies with limited fleet sizes well below this threshold. SBA 7(a) loans[9] can finance aircraft acquisitions, cargo handling equipment, and working capital for charter freight aviation businesses. The SBA 504 program[10] supports hangar construction, maintenance facility investments, and cargo loading infrastructure for owner-operated charter freight companies.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Lendistry SBLC, LLC8$2.4M$300K
View Full SBA Lending Details for NAICS 481212Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What businesses are classified under NAICS 481212?
NAICS 481212 covers charter cargo airlines, on-demand freight operators, and establishments providing nonscheduled air transportation of cargo without passengers. Emergency cargo carriers and project freight operators qualify. The U.S. Census Bureau[5] provides the official classification.
How is NAICS 481212 different from scheduled freight airlines?
Charter freight operators (481212) fly on demand without fixed routes or schedules, while scheduled cargo airlines (481112) run regular timetabled freighter services. The Census Bureau[11] classifies air freight based on whether services follow published schedules.
What is the SBA size standard for charter freight carriers?
The SBA sets the size standard at 1,500 employees for NAICS 481212. Most charter cargo operators employ far fewer workers. Current standards appear in the SBA table of size standards[7].
Which NAICS codes relate most closely to 481212?
Key related codes include 481112 for scheduled freight airlines, 492110 for express delivery services, 488190 for air cargo handling, and 336411 for aircraft manufacturing. Each connects to the charter freight supply chain.
What industries interact with charter freight operators?
Scheduled cargo airlines (481112) provide baseline capacity, express delivery companies (492110) contract for surge airlift, airport handlers (488190) manage ground operations, and aircraft manufacturers (336411) supply freighter equipment. Military and government agencies also contract for charter cargo airlift services.
What activities does NAICS 481212 include?
Activities cover flying on-demand cargo charters, emergency shipments, oversized freight, military logistics, humanitarian cargo, and seasonal surge operations. Project cargo and live animal transport also qualify. The Census definition[5] covers the full scope.
Can charter freight operators get SBA loans?
Charter cargo carriers with fewer than 1,500 employees qualify for SBA 7(a) loans covering aircraft, equipment, and working capital. The 504 program funds hangar and cargo facility investments. Details are at the SBA funding programs page[12].
Where are charter freight operators concentrated?
Charter cargo operators base near major logistics hubs including Miami, Anchorage, Houston, and the Ohio Valley. Airports with minimal curfew restrictions and available ramp space attract charter freight operations. Military bases and oil industry centers in the Gulf Coast and Alaska regions also support charter freight activity.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]U.S. Census Bureau, County Business Patterns census.gov
  4. [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  5. [5]U.S. Census Bureau census.gov
  6. [6]Bureau of Labor Statistics bls.gov
  7. [7]Small Business Administration sba.gov
  8. [8]Small Business Administration sba.gov
  9. [9]SBA 7(a) loans sba.gov
  10. [10]SBA 504 program sba.gov
  11. [11]Census Bureau census.gov
  12. [12]SBA funding programs page sba.gov

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