Cargo and domestic leisure travel were United Airlines’ strong suit in the third quarter as the carrier just missed returning to profitability despite better-than-expected results.
Cargo revenue soared 84% to $519 million compared to 2019, setting a record for the three-month period. For the first nine months of the year, cargo revenue is up 88% to $1.6 billion.
Those gains, however, don’t represent more cargo volume. Cargo revenue ton miles, an industry metric that measures the revenue earned...
https://www.freightwaves.com/news/united-airlines-makes-more-cargo-revenue-with-less-cargo