Air Canada announced first-quarter operating revenue of CA$ 4.9 billion ($3.6 billion), a 90% increase from Q1 2022 and a 10% increase from Q1 2019. However, cargo revenue dropped 40% year over year to $177 million. THE BIG PICTURE: Like most companies in the airfreight and logistics industries, Air Canada Cargo’s Q1 earnings dipped significantly. […]