News / Air Canada Cargo eyes new revenue streams as results disappoint

Air Canada is thinking outside the box: Tim Strauss, vice-president of cargo, wants to double his division’s revenues through new channels to insulate the business better against the gyrations of the general freight market.

The past 12 months have been a rollercoaster for Air Canada Cargo. The carrier ended 2018 with cargo revenues of C$803m (US$604.7m), up from C$708m the year before.

However, 2019 has brought a sharp downturn. After a strong January and a flat February, the carrier’s momentum went into ...