Anger as Cathay Pacific Cargo adds GRI to blocked space agreements
Cathay Pacific has added extra fees to some of its blocked space agreements, the first ...
WorldACD has released its 2020 numbers for air freight, and noted December brought reasons to be cheerful for airlines. Last month saw volumes only just below those of a year earlier – but it did not mark a “return to normalcy”. The data provider also looked at the largest markets in six regions in comparison with 2019, and, of course, it examined yields, which remain at healthy levels for carriers.
Swissport meanwhile, said it handled 41.m tons of cargo last year – some 12.3% lower than a year earlier. (Passenger-driven demand was down 68.9%.) Its revenue fell by about half, but it said it was “cautiously optimistic” for the second half of 2021.