Cargo in aircraft passenger cabins will no longer be accepted by China in the new year – a move expected to keep air freight rates high. China’s Civil Aviation Administration (CAAC) said “only anti-epidemic-related items are allowed to be loaded in the cabin”. It added: “At the same time, the new regulations also...
Delta Airlines last year achieved the unenviable distinction of being one of the very few major carriers to see cargo revenues plummet – despite a global average rise in air freight rates of a whopping 75%. Period Q1 2020 Q2 20 Q3 20...
Major airlines’ financial results for 2020 have revealed both how they viewed cargo, and how successfully they adapted to the new reality; some were far, far better than others. A (non-exhaustive) list of major carriers which have reported results shows just two saw cargo revenues fall – in a year in which...
