AMR Cargo Traffic Fell 9.3 Percent in January

AMR Corp., parent of American Airlines, today reported a 9.3 percent decrease year-over-year in system cargo ton miles for January, to 123,014, down from 135,666 ton miles in the same month in 2011.

AMR recently reported a net loss of $1.9 billion for 2012. Cargo revenue was $669 million, falling 4.8 percent from $703 million the year before on a 1.2 percent decline in cargo ton miles.

 

For in-depth analysis & commentary on this topic, become a JOC member