Air cargo is the cash cow for many passenger airlines during the coronavirus pandemic, an unusual result of decimated travel demand forcing passenger networks to shut down and carriers repurposing airplanes for cargo-only service.
Other than cargo and loyalty programs, airline revenues are extremely weak as the industry racks up tens of billions of dollars in losses.
Air France-KLM, Aeromexico, IAG Group/British Airways and Korean Air significantly exceeded last year’s cargo revenues in the...
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