Generally, air freight forecasting model used to major factor GNP(GDP), Yield, Exchange rate, as its independent variables. We studied about the factors that affect to Air Freight in Korea, and we found six affective variables. Those are GNP, Exchange rate, Flight routes, Flight numbers, Sum of dollars Export and import. To find the relationship between the Air Freight and GNP, Exchange rate, Flight routes, Flight numbers, Sum of dollars Export and import we used regression analysis. Through the regression analysis, we found some problems in the model. There are collieneraities between the variables, so we took the variables selection model to choose the best affective variables of air cargo. We have defined the the Korean air freight forecasting model with two variables and forecast far the $1996{sim}2010$ period were made by using this model.