Prior to Covid19 general cargo didn’t cover the cost of the fuel. General cargo was being shipped at $1.00-$1.50 per kilo. At the beginning of the crisis cargo spiked at $8.00-$9.00 a kilo. Now the rush is over it has dropped down to between $2.50-$3.00 a kilo. As more and more passenger wide bodies return to service expect the cargo price to reduce further. The majority of air freight in today’s world is shipped in the belly of passenger aircraft. The B777/787 and the A350 have vast cargo holds and are capable of carrying a full load of passengers plus a very healthy uplift of cargo. The number of dedicated freighter aircraft is diminishing not growing.
Ringway airport handles a fair amount of freight arriving and departing on passenger aircraft.