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Air Canada to pursue e-commerce boom with converted freighters
Air Canada is enjoying strong revenues from operating temporary passenger freighters. Executives are turning to all-cargo aircraft to grow that side of the business, seeing a big opportunity to haul e-commerce shipments. (www.freightwaves.com) עוד...
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Good point, which I alluded to in the story. United Airlines, for example (see link R-E-S-P-E-C-T story) says they aren't interested in their own freighters despite surge in cargo business.
@Torsten - Yea I wondered similar. Covid isn't going to be around forever and with Pfizer's news yesterday, the travel industry could be in full swing sooner than later. I think it's a risky investment going all in this intensely.
Only caveat is they're going to focus on e-commerce, maybe running for Amazon, or contracting for FedEx, UPS or DHL. Or hauling for someone else. And that market has staying power.
I think even Amazon's freight volume will eventually shrink somewhat again once people's shopping habits begin to return to normal.
Of course some retailers will have closed permanently and thus consumers have fewer local choices, but people also want to go outside and not be stuck inside their homes, and shopping locally will let them do that.
Of course some retailers will have closed permanently and thus consumers have fewer local choices, but people also want to go outside and not be stuck inside their homes, and shopping locally will let them do that.
Hey everyone, have some updated info. Air Canada is not converting aircraft to fly e-commerce shipments as a contract carrier for a retailer or airline. . . That was my misunderstanding from the earnings call, in which Air Canada officials appeared to draw a clear connection. After talking with AC Cargo, it seems they are only involved with a small parcel delivery pilot project, that's very localized. . . You can check the story now for the updated version.
thank you Eric!
Air Canada will be able to return its focus on passengers when air travel recovers, but the freight-only providers who are adding capacity need to be careful.