Wednesday, October 19, 2022

United Q3 cargo revenue up 77% from 2019

United Airlines reported a 77 percent increase in cargo revenue to $498 million for the third quarter ended September compared to $282 million in Q32019 even as cargo revenue tonne miles declined 9 percent to 733 million from 804 million in Q32019.



For the first nine months of FY2022, cargo revenue came in at $1.7 billion, almost double (97 percent) compared to $863 million during the comparable period of 2019. Cargo revenue tonne miles dropped 7 percent to 2.3 billion from 2.4 billion in the same period of 2019.

Compared to 2021, Q3 cargo revenue was down 4 percent and increased 4 percent for nine months.

“Through a combination of cargo-only flights and passenger flights, United transported nearly 250 million pounds of cargo including approximately 20 million pounds of medical shipments, 480,000 pounds of Covid-r elated shipments and 900 pounds of military shipments,” says an official release.

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