Juneyao’s Cargo Profits Jump; Airline Cannibalizing Parts To Save Costs

Juneyao
Juneyao utilized its passenger aircraft for cargo flights in H1.
Credit: Juneyao Airlines
Cargo profits at China’s Juneyao Airlines quintupled during the first half (H1) of 2020, reflecting the carrier’s concentration on chartered cargo flights during the peak of the COVID-19 pandemic, when most passenger services were halted. As part of cost-saving measures, Juneyao will be deferring...

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