American, US Airways find growth combined

22 May 2014 9:49 AM | Anonymous

    Originally news was published on May 21, 2014

Combined cargo ton miles (CTM) for American Airlines and US Airways achieved double-digit growth at 12.9 per cent for the merged airlines' freight operations.
 
Comparing April 2013 with the same month this year, CTM grew from 174 million to 197 million. The year-to-date, the first four months, of last year and 2014 showed a similar CTM growth rate, with 12.2 per cent being achieved. So far in 2014, American Airlines Group reached 757 million, while last year's first four months struck 675 million. In the new airline's view the year-over-year figures are a more appropriate comparison with the merged entities. The merger was approved in December last year. The merged airline's plans for cargo involve co-locating the previous two carriers' facilities. The two co-located to the Phoenix Sky Harbor International Airport in February.

*NEWS SOURCE