News / Air Canada on course with cargo flights, but more cost-cutting on the cards

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Retreating yields are not putting a dent in Air Canada’s (AC) cargo flight operation.

The Canadian carrier is set to maintain about 100 cargo flights a week, although it is unlikely to repeat its historical feat of the second quarter, which saw cargo revenue outpace turnover in its passenger business.

Despite the drastic reduction in belly capacity AC’s cargo revenues increased 52% to C$269m (US$202m) – C$62m more than the airline’s passenger revenues in the period, which slumped  89%  to C$207m.

It was ...