Airline cargo revenue is cratering. Here's why that's actually good news

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Airline cargo revenue is cratering. Here's why that's actually good news
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Airlines' cargo businesses were lifelines during the pandemic when travel demand dried up.

, thanks to the rebound in travel demand. That means the business impact of cargo, which once helped prop up airlines' revenue during the pandemic travel plunge, has faded.

That's a significantly smaller portion than 2020, when cargo revenue made up more than 10% of United's sales.Through June, cargo revenue made up 1.3% and 1.6% of overall revenue at Delta and American, respectively, down from 3.5% and 12% in 2020.during the pandemic when bookings dried up and travel restrictions forced airlines to slash service abroad.

But travel demand has roared back, particularly for international trips, as customers rush to take vacations abroad that they put off in recent years.alone are expected to be the highest in five years.

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