American Airlines (NASDAQ: AAL), unlike its peers, didn’t experience a bump in cargo business during the peak shipping season that ended in mid-December.
Cargo revenue was $199 million during the fourth quarter, a 24.2% decline from the same period in 2022, the Fort Worth, Texas-based carrier said in its earnings report released Thursday.
The sales total was only $6 million more than during the third quarter and $2 million above second-quarter receipts for what is normally the busiest and most...
https://www.freightwaves.com/news/american-airlines-misses-out-on-cargos-fourth-quarter-bounce