Downtime for aircraft maintenance and Amazon’s more conservative approach to flight expansion amid reduced online shopping resulted in a marginal drop in cargo revenue last year for hybrid carrier Sun Country Airlines.
The Amazon transport provider said cargo revenue increased a modest 4.6% to $24.4 million during the fourth quarter but dipped 1.2% to $90.3 million for the full year on a 4% decrease in hours utilized.
Overall, Sun Country (NASDAQ: SNCY) reported fourth-quarter revenue of $272...
https://www.freightwaves.com/news/amazon-flight-pullback-caps-sun-country-airlines-cargo-growth