It was a good news/bad news fourth quarter for cargo at American Airlines. At face value, cargo revenue fell at a greater clip than the rest of 2022, but yields remained well above the pre-pandemic baseline and the company still generated the second-best annual cargo sales in its history.
The Fort Worth, Texas, carrier reported $263 million in cargo revenue for the final three months of the year, a 23% drop from the 2021 market high as the yearlong slowdown in business accelerated. The results...
https://www.freightwaves.com/news/american-airlines-cargo-revenue-tops-12b-despite-market-slide