Back to Squawk list
  • 14

Air Canada to pursue e-commerce boom with converted freighters

提交时间:
 
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) 更多...

Sort type: [Top] [Newest]


TorstenHoff
Torsten Hoff 1
These companies need to be careful not to over-extend themselves as this freight boom will not last forever. At some point there will be a glut of capacity, and this will put pressure on margins and profits.

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.
ekulisch
Eric Kulisch 1
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.
KicksOnRoute66
@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.
ekulisch
Eric Kulisch 1
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.
TorstenHoff
Torsten Hoff 1
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.
ekulisch
Eric Kulisch 1
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.
KicksOnRoute66
thank you Eric!
ekulisch
Eric Kulisch 1
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.

登录

还没有帐户吗? 现在就注册(免费),设置诸多自定义功能、航班提醒等等!
您知道FlightAware航班跟踪是由广告支持吗?
通过允许展示来自FlightAware.com的广告,您可以帮助我们使FlightAware保持免费。我们努力使我们的广告保持相关性,同时不显突兀,以创造一流的体验。在FlightAware上将广告加入白名单快捷而简单,或者请您考虑选择我们的高级帐户.
退出