Air Canada Takes a Different Approach to Boost Revenue

November 5, 2021 • 1 minute read

WRITTEN BY

Patrick

Air Canada’s recent third quarter report has shown it is no longer lagging behind its US counterparts with its shift in focus on air cargo. This quarter, the Canadian airline posted $291 million USD of revenue from cargo operation. 

The heavy emphasis placed on air cargo freight is a familiar tale for many airlines in the US and Canada, but with passenger travel opening up, many US based airlines have shifted back towards carrying passengers. On the other hand, Air Canada doubled down on using passenger freights to carry cargo by removing cabin seats and refurbishing older aircrafts. The strategic decision helped Air Canada cut operating losses by $289.5 million USD and generate net cash flow of $121.7 million USD. 

The move to focus on air cargo freight can be partly attributed to the Canadian government’s stricter travel restrictions compared to the US policies. With ocean freight rates still breaking all-time highs, air freight’s uptick in popularity seems to continue unabated. 


For more daily updates, subscribe to GoFreight’s Facebook and LinkedIn or sign up to our Newsletter. As the leading logistics software in a rapidly transforming digital industry, GoFreight helps your business increase revenue and enhance workflow. Book a free demo today!

Keep Reading

News, stories and ideas from GoFreight.