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Role reversal: Passenger airlines make more from cargo sales in Q2

from American Shipper

Add Air Canada and IAG Group, parent of British Airways, to the list of passenger airlines that significantly increased cargo revenues in the second quarter even as the coronavirus crisis otherwise destroyed the industry's finances. Air France-KLM and Aeromexico also came out ahead on cargo in last week’s earnings results, something many competitors, such as Cathay Pacific and Delta Air Lines, were unable to do. more

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