Air Canada Cargo’s Q1 revenue rises 89% on trans-Pacific, trans-Atlantic strength
Yields more than doubled in Q1, offsetting drop in cargo traffic
Air Canada Cargo’s revenues for the first quarter of 2021 were up 89% year over year to CA$281 million (US$232 million). Revenues grew despite an overall reduction in cargo traffic of 17.9% for the quarter thanks to strong yields, which were up by 129.5% YoY, and continued demand for trans-Pacific and trans-Atlantic capacity. The largest […]
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