AIR Canada released its first-quarter results, revealing a 40 per cent decline in cargo revenue, amounting to US$177 million. The decrease was primarily attributed to reduced throughput in the Pacific market. This occurred as the airline returned planes that were previously used exclusively for cargo operations during the pandemic back to passenger service. Air Canada’s cargo sales also suffered due to a 13-month air freight recession that led to a significant drop in shipping rates, with weak...
https://www.seanews.com.tr/air-canadas-cargo-sales-fall-40pc-in-q1-to-us-177-million/196828/