Air Canada Cargo has surpassed C$1bn in revenue for 2025, helped by the success of the freighter network strategy and a 28% increase in year-over-year digital bookings.
Total 2025 cargo revenues were C$1,033m, up 4% from C$991m in 2024.
“The increase was primarily attributable to higher volumes in Latin America and the Pacific, influenced by shifts in shipping activity resulting from adjustments to tariff deadlines and revisions to US duty-free exemption rules for low-value goods,” said Air Canada.
“Domestic growth benefited from improved year-over-year yields. These gains were partially offset by flight cancellations caused by labour disruptions in August.”
The airline said it had six Boeing 767 freighters in service as of December 31, 2025, no change from the previous year.
2025 cargo revenues by geographic region
Fourth quarter cargo revenues were C$291m, down 1% year on year.
“The decline was primarily due to lower volume in the Pacific and Transborder and yield in the Atlantic. The decline was partially offset by stronger yields year over year in the Domestic market and higher volumes in Latin America,” explained Air Canada.
