Air Canada Cargo’s Q2 revenues drop 16%
Lockdowns in China took a toll, revenue driven by trans-Atlantic shipments
Air Canada Cargo’s second-quarter revenues were down 16.5% year over year to CA $299 million (US $233 million), primarily driven by trans-Atlantic shipments. Overall cargo revenues for the first six months of 2022, however, were up 9% to $543 million. Cargo revenues declined in Q2 “due to yield normalization and less cargo-only flying in the […]
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