Cargo

CargoJet revenue declines Y-O-Y amidst weak air cargo demand

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CargoJet revenue declines Y-O-Y amidst weak air cargo demand

CargoJet reported the total revenue of $209.7 million for second quarter (Q2) 2023, about 37 million less than Q2, 2022 due to declining demand for air cargo. The Q2, 2022 revenue was $246.6 million. Revenue excluding fuel surcharge and other revenues was $171.6 million as against $177.2 million rep...

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