Originally Posted by whalesurfer

Apparently this is happening at other cargo airlines too..

ANA cutting cargo flights to China

Japan-based All Nippon Airways (ANA) is moving cargo from its freighters to the bellyholds of its passenger fleet, while scaling back scheduled all-cargo flights in October, the airline announced. The decision mirrors an industry-wide general freight trend, as increasing bellyhold capacity exerts downward pressure on the profits of freighter operations.

(not a premium member so I don't have the rest of the article)
ANA cutting cargo flights to China | Air Cargo World