Air Canada cargo income falls 40% YoY 

Air Canada announced first-quarter running income of CA$ 4.9 billion ($3.6 billion), a 90% delay from Q1 2022 and a 10% delay from Q1 2019. Nonetheless, cargo income dropped 40% year over year to $177 million.  THE BIG PICTURE: Like most corporations in the airfreight and logistics industries, Air Canada Cargo’s Q1 earnings dipped considerably. […]