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

Photo courtesy of Air Canada Cargo.

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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