AA GROWS CARGO TRAFFIC BY 15% IN 2017

American Airlines Cargo posted a 15% year-on-year increase in its cargo tonne miles for 2017 to 2.79 billion, according to full-year results released by the airline.

 

Cargo revenue for the year came to US$800 million, 14.3% more than 2016. Yield fell by 0.7% to 28.7 cents per tonne mile.

 

Self Photos / Files - AA77W

 

AA Cargo said that the performance followed a year-long effort to continue streamlining the customer experience, with the introduction of new self-service tools to automate and improve the booking process, as well as further implementation of new services such as proactive shipment re-accommodation.

 

Throughout 2017, the carrier also announced a series of business enhancements regarding its green initiatives, pharma capabilities and infrastructure, additional widebody routes and new destinations.

 

Overall, American Airlines Group Inc. posted a full-year net profit of US$1.9 billion, or US$2.4 billion excluding net special items.

 

“2017 was a remarkable year for American Airlines,” said Doug Parker, chairman and CEO of AAL. “We made enormous progress as a company as we continued to make significant investments in our team members, product and operation, and those investments are beginning to pay off. Our operation continues to deliver record-setting performance for the company, and the credit goes to our team members who are simply the best in the business. We enter 2018 with strong momentum. Demand for American’s reliable, friendly service remains strong, our network is expanding, and the products we are bringing to market are resonating with customers.”