KEY POINTS
  • Cargo revenue was a lifeline for airlines during the Covid pandemic when travel demand plunged.
  • Airlines ramped up flying this year, which has driven down rates to ship goods by air.
  • About half the world's air cargo flies in the bellies of passenger planes.

In this article

An American Airlines 787 is loaded with cargo at Philadelphia International Airport.

Airlines' cargo revenue is slumping. That's a sign of good news for travel recovery.

Delta, United and American this month each reported year-over-year declines of about 40% in their second-quarter cargo revenue.

In this article