Cargo is fashionable again for North American airlines
Airlines worldwide are turning to cargo to alleviate the dismal declines in passenger revenue they are experiencing due to the COVID-19 pandemic. In North America the global network airlines are touting a boost in cargo operations, and are exploiting opportunities in freight to varying degrees during the crisis.
Now Air Canada wants to take one step further, and convert some Boeing 767 widebodies to a permanent freighter configuration, signalling a commitment that it could grow its cargo business over the next couple of years.
Even smaller airlines are also using cargo to blunt the pandemic's effects on passenger demand. The US ULCC Sun Country's contract with Amazon has benefitted the airline with a solidly profitable line of business that shows no signs of weakening.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.