No Soft Landing: Airports in for a Bumpy Ride

No Soft Landing: Airports in for a Bumpy Ride

August 2020
22 min read
Madhu Unnikrishnan

Issue Overview

It’s nice to be a major cargo carrier right now. China Airlines joined Korean Air and Asiana in the exclusive club of airlines that actually made money last quarter, all thanks to carrying stuff rather than people. Taiwan’s EVA Air earned a small operating profit thanks to cargo as well. Cargo was a cushion but not a savior for Cathay Pacific and Turkish Airlines, both major players in the global passenger business.