Hampered by strict government border restrictions, Air Canada disappointed investors with a US$918.3 million loss in the second quarter, but the cargo division did better than expected with a record $274 million in revenue.
Cargo sales for the period ending June 30 were 33% greater than in 2020 and double the amount in 2019, before the pandemic.
Air Canada (OTCUS: ACDVF) was one of the most aggressive passenger carriers to shift to dedicated cargo operations when global cargo capacity plummeted...
https://www.freightwaves.com/news/air-canada-sets-record-for-cargo-revenue-in-second-quarter