American Airlines (NASDAQ: AAL) stepped up its cargo game in the third quarter on the strength of an 83.6% jump in cargo yield that helped the company’s overall results beat investors’ expectations. Cargo revenue was essentially equal to a year ago despite operating a stripped-down network.
American said Thursday it lost $2.8 billion in the third quarter, excluding special charges, compared to the year-ago period — an improvement from the $3.4 billion it lost in the second quarter as it came to...
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