Where will the freighters go as capacity shifts from tariff-hit China-US lane?
Cargo airlines are scrabbling to find new markets as capacity becomes available following the end ...
Photo: © Think Design Manage
By Alex Lennane
Canada is upping its freighter capacity, with both Cargojet and Air Canada expanding to take advantage of new opportunities.
Cargojet announced this week it had raised C$350m (US$275.2m) to help it acquire five 767 and two 777 freighters for delivery from this year into 2023.
It will also invest in a new hangar and additional land-based infrastructure and pay off debt, it said.
“The infrastructure investments will support additional e-commerce volumes driven by the pandemic that are expected to establish a new higher ...
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