Former FedEx CFO John Dietrich joins American Airlines board
American Airlines’ board of directors has elected former FedEx and Atlas Air executive as its newest member.
American Airlines’ board of directors has elected former FedEx and Atlas Air executive as its newest member.
Both airlines’ price targets were raised to $20/share.
American Airlines’ cargo results in the fourth quarter were lackluster considering the industry experienced a mini-renaissance after hitting bottom in the summer of 2023.
Labor peace was won at what will be higher costs for shippers and carriers.
FedEx pilots are experiencing significant pay decreases because there isn’t enough flying to go around. The company is pushing cockpit crews to take jobs at a regional passenger airline.
American Airlines Cargo had a disappointing, but expected, third quarter. Management says new aircraft and operational enhancements should help attract customers as the market improves.
American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.
American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.
The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue quarter in company history and a $483 million profit painted a positive financial picture that could be replicated in the final quarter thanks to resilient […]
David Phalen, an airline pricing veteran, shifts to an industry with similar characteristics.
Among the major U.S. passenger carriers, United Airlines was the big winner in cargo performance during 2021.
American Airlines is riding the cargo wave, like its competitors, but a challenging passenger environment is holding back its financial performance.
Greater fuel efficiency is allowing airlines to downsize to smaller aircraft on trans-Atlantic routes. That’s bad news for cargo shippers that need wide aircraft.
This look at the past week in images features a container crane collapse, Alaska snow and a decorated semi trailer.
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Paul Brady succeeds company founder Mitch Weseley.
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Rail freight needs to become more truck-like as to timely inventory reporting.
American Airlines achieved a $77 million quarter-over-quarter gain in cargo revenue thanks to stepped-up cargo operations and favorable market rates.