United likely to report cargo revenue of $2 billion in 2021

 Chicago-based United Airlines is on track to report cargo revenue of $2 billion for the financial year 2021 on surging demand for capacity and higher yields.  

United reported $1.6 billion consolidated cargo revenue for the nine months ended September 30, 2021, an increase of 49 percent compared to the same period in 2020 and an increase of 88 percent from $863 million in the pre-pandemic period of 2019.

Cargo revenue tonne miles increased 26 percent to 2.4 billion from 1.9 billion during the nine months of 2020 but was almost flat compared to 2.4 billion in 2019.

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