Casa
Noticias
Noticias de la empresa
2009
American Airlines suffers 42.6pc quarterly cargo revenue decline
American Airlines suffers 42.6pc quarterly cargo revenue decline
AMR Corporation, which owns American Airlines, has revealed a year-on-year second quarter net loss of US$390 million, considerably less than the $1.5 billion lost (including a $1.1 billion loss in aircraft value) suffered in last year's second quarter.
American Airlines cargo revenue fell 42.6 per cent to $99 million in the second quarter year on year. Cargo ton miles declined 25 per cent from 533 million to 399 million.
AMR also reported second quarter consolidated revenues of $4.9 billion, a 20 per cent year-year-on decrease, largely blamed on the industry-wide downturn in cargo and travel demand.