Air Canada said Friday that cargo revenue grew 18% to 253 million Canadian dollars ($181.8 million) in the third quarter on the back of higher yields and shipment volume carried on large passenger aircraft operating in the trans-Pacific market.
“The overall cargo environment is quite favorable. I would say it’s quite favorable in Asia-Pacific. We see similar trends in India,” said Mark Galardo, president of cargo, during a call-in briefing with analysts about the company’s earnings. “And those...
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