Cathay Pacific is struggling under new travel restrictions from the Hong Kong government, and the lack of any significant support from the government means it’s back in the red. Hosts Edward “Ned” Russell and Madhu Unnikrishnan also discuss cargo’s continued growth in 2021, and Airbus’ plan to launch a new cargo carrier with its bulbous Belugas, and they wrap with the throughline from the U.S. Big 3’s results.