US mega-airlines grow cargo volumes, but miss out on ecommerce boom
The three US mega-airlines – Delta, United and American – expanded their cargo traffic in ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
American Airlines Cargo saw operating revenues fall 7.9% in 2016 over 2015, but the final quarter of the year saw a boost of 1.3%. The carrier, which has admitted to chasing market share in some regions, saw cargo ton-miles rise 4.7% in 2016 – but yields per ton-mile, in line with much of the industry – fell 12%. The carrier overall enjoyed a full-year 2016 pre-tax profit of $4.3bn, and net profit of $2.7bn, on operating revenues of $40.1bn, down from $40.9bn the pervious year. You can see the full results here.
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