Carriers report record cargo revenues
Cargo accounted for 40% of airline revenues in 2021, up 16% YoY, Cargo Facts Consulting finds
We have seen continual air cargo growth over the last 24 months, due in part to favorable economic conditions: the rise in global trade goods, low inventory-to-sales ratio, demand for personal protective equipment (PPE), and pharma shipments. The cost competitiveness of air cargo in comparison to sea-container shipping also remains favorable. Combination carriers typically focus […]
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