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Air Canada sees cargo revenues fall 15pc to US$960 million in '22
来源：shippingazette 编辑：编辑部 发布：2023/02/23 15:56:35
AIR Canada saw its cargo revenues decline 15 per cent in full-year cargo revenues to US$960 million, reports London's Air Cargo News.
Q4 revenues were down 41 per cent to $213 million. However, the airline pointed out that compared with pre-Covid crisis 2019 full-year cargo revenues were up 77 per cent.
The airline operated over 3,600 cargo-only flights last year compared with 10,200 in 2021.
The decline was partially offset by increased capacity, higher traffic in the Atlantic and Central and South American markets, and strong yields on the Pacific.
"As Air Canada returned all temporarily converted passenger aircraft back to their core mission of flying passengers, the cargo team continued to grow market share across some of the largest global trade routes," said Air Canada vice president Jon Turner.
"The results achieved during this transition year validate our long-term growth strategy for Air Canada Cargo. In 2022, we introduced our second and third freighters and opened 13 new freighter markets," said Mr Turner.
"As we look forward to 2023 and prepare to welcome four additional [B767] freighter aircraft this year, we remain laser-focused on building a freighter program that complements our global passenger network and ensures shippers have access to reliable, year-round capacity."
Q4 revenues were down 41 per cent to $213 million. However, the airline pointed out that compared with pre-Covid crisis 2019 full-year cargo revenues were up 77 per cent.
The airline operated over 3,600 cargo-only flights last year compared with 10,200 in 2021.
The decline was partially offset by increased capacity, higher traffic in the Atlantic and Central and South American markets, and strong yields on the Pacific.
"As Air Canada returned all temporarily converted passenger aircraft back to their core mission of flying passengers, the cargo team continued to grow market share across some of the largest global trade routes," said Air Canada vice president Jon Turner.
"The results achieved during this transition year validate our long-term growth strategy for Air Canada Cargo. In 2022, we introduced our second and third freighters and opened 13 new freighter markets," said Mr Turner.
"As we look forward to 2023 and prepare to welcome four additional [B767] freighter aircraft this year, we remain laser-focused on building a freighter program that complements our global passenger network and ensures shippers have access to reliable, year-round capacity."