Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote

  • Date: 26-Mar-2020
  • Source: Reuters
  • Sector:Industrial
  • Country:UAE
  • Who else needs to know?

Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote

SYDNEY/CHICAGO (Reuters) - Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S.. The passenger travel industry has been decimated by the coronavirus pandemic, with Australia's Flight Centre Travel Group Ltd on Thursday announcing plans to cut 6,000 travel agent roles globally, either temporarily or permanently.. In the United States, United Airlines Holdings Inc announced further cuts to domestic capacity, meaning its overall capacity, including international, will be down by around 68% in April.. In an effort to raise much-needed revenue and keep some planes in the air, Delta and Air New Zealand said they had joined the growing number of carriers offering cargo charters on passenger planes.. Around half the world's air cargo normally travels in the bellies of passenger planes rather than dedicated freighters, so the cancellation of passenger flights has led to a sharp reduction in cargo capacity..