The 7 combination carriers that derived at least half of transport revenue from cargo in 2020
China Airlines and Korean Air offset operational losses through cargo strength
In normal years, the revenue contribution of cargo to a passenger-centric airline is auxiliary at best, accounting for between 10 to 30%. In 2020, at least seven global combination carriers derived the majority of their transport revenues from cargo, reflecting not only weak passenger traffic amid the COVID-19 pandemic, but also strong yields. The four […]
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