American Airlines turned a small profit for the first time since the pandemic began during the third quarter with the help of a 62% gain in cargo revenue compared to 2019, the company reported Thursday.
Revenue from cargo shipments reached $332 million for the quarter. American Airlines (NASDAQ: AAL) notably offered comparisons to 2020, but most airlines are using 2019 as their benchmark because 2020 was an extreme outlier due to the global shutdown of most travel for several months. Using the...
https://www.freightwaves.com/news/american-airlines-q3-cargo-yields-double-from-pre-crisis-levels