Record cargo revenue motivates investment in dedicated aircraft, cold storage and IT systems
Air cargo was a bright spot for Air New Zealand last year, thanks in large measure to government aid for flights geared toward cargo.
It’s a sign of the supply chain times when customers are renting entire planes from United Airlines to haul low-value commodities like mayonnaise.
The global airline industry still has a steep climb out of its financial hole. U.S. airlines are doing better, but watch out for the delta variant.
Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
Excerpt: Most airlines survived the pandemic financial crisis, but will they survive the recovery?
Cargo never got a window view during air transport until the coronavirus pandemic led airlines to find innovative ways to mitigate the loss of passenger revenue. Alaska Airlines is joining other carriers in stowing boxes and mailbags in seats.
Making more money doing less less work. That’s air cargo in a nutshell. Volume is down from 2019, but yields are up.
Airfreight exports from China slowed a bit in mid-August, allowing shippers to take back a tiny bit of pricing before rates shoot up for the next few months in as retailers build inventory for the holidays.
Several passenger airlines have proven that cargo can be lucrative business during a pandemic with little travel. American Airlines quickly built a dedicated cargo operation but is now throwing more resources at the business as market conditions improve.
