American Airlines achieved record cargo revenue in the fourth quarter while absorbing an adjusted net loss for the enterprise of $921 million.
Revenue from cargo operations jumped 57.9% to $341 million and doubled to $1.3 billion for the full year versus 2019, American (NASDAQ: AAL) reported Thursday.
The numbers are impressive but pale in comparison to those of United Airlines. The Chicago-based rival generated $727 million in fourth-quarter cargo revenue and $2.4 billion for all of 2021,...
https://www.freightwaves.com/news/americans-record-q4-cargo-revenue-eases-sting-of-921-million-loss