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0.000315424245610358 -0.000210282830406855 -0.000315424245610358 0.00241825254967936 0.00346966670171379 0.00126169698244143 0.00367994953212079 0.00956786878351394
Stock impact report

United Airlines sets bar for Q1 cargo performance [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
United (NASDAQ: UAL ) reported after Tuesday's market close that sales for freight and mail were $391 million, a notably small dip of 1.8% from the same three-month period in 2020 considering the air logistics sector's 16-month slump that lasted into the second half of 2023 and the revenue hit taken by airlines. CEO Scott Kelly said on a conference call he anticipates it will be the last year-over-year decline in cargo during the near term. Last week, Delta Air Lines reported cargo revenue declined 15% during the first quarter to $178 million. Last year, United Airlines' cargo revenue slid 31% to $1.5 billion as supply and demand in the airfreight sector normalized from the go-go days of the pandemic. Cargo's relative strength during the quarter is underscored by the fact that revenues were only slightly below $402 million in the fourth quarter of 2023, which is generally the strongest freight season of the year. United's revenues were down 14.8% year over year in the fourth quar Show less Read more
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