Airlines for America reported yield in June for domestic cargo was $71.10 per revenue ton mile, down 9.9 percent year-over-year. Yield for international cargo was $34.40 per revenue ton mile, sliding 8.1 percent.
The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped.
Airlines for America reported yield in April for domestic cargo was $73.05 per revenue ton mile, dropping 1.8 percent year-over-year, while yield for international cargo was $37.83 per RTM, sliding 0.2 percent.
AMR Corp., the parent company of American Airlines and US Airways Group, has named the 12 members of the board of directors of the combined company, American Airlines Group, as well as the senior leadership team.
AMR Corp., the parent company of American Airlines, today reported a net loss of $341 million for the first quarter of 2013, an improvement of 79.4 percent from a net loss of $1.7 billion in the first quarter of 2012.
The U.S. Department of Justice has asked AMR Corp., parent company of American Airlines and US Airways, for additional information regarding the proposed merger of the two airlines.
Both boards of directors at American Airlines and US Airways have approved a merger agreement that will combine the AMR Corporation carriers into a single unit...
American Airlines and US Airways have signed a memorandum of understanding with the Allied Pilots Association and US Airline Pilots Association regarding the pilots’ employment terms and integration process in the event of a merger between AA and US Airways.
US Airways reported operating cargo revenue in the third quarter, ending Sept. 30, was $35 million, dropping 13.3 percent year-over-year in the same quarter.