"The contraction in business is far less than that experienced by most of its global competitors. All Nippon Airways recorded a 60% drop in cargo sales during the second quarter. Korean Air’s cargo revenue fell 56%. Cargo revenues at Singapore Airlines and Lufthansa were down 50%. Cargo sales for the top U.S. passenger airlines were down 37% to 40% and were off about a third at Air France-KLM and British Airways."