US carriers have reported mixed results for the first quarter of 2026 as market conditions remain challenging amid the continued conflict in the Middle East.
Air cargo revenue dropped 1.6% for United Cargo in the first quarter of this year. The airline’s cargo revenue totalled $422m, down from $429m in the first quarter of 2025.
United transported over 322m pounds of cargo, including nearly 9m pounds of medical shipments and 257,000 pounds of military shipments during the quarter.
The airline is also taking measures to tackle rising jet fuel prices. On 18 April, United announced it would implement a “Market Disruption Fee” on freight shipments for airway bills (AWB) issued on or after 1 May. The fee is applicable based on the chargeable weight of the shipment.
The airline said: “The Market Disruption Fee reflects United Cargo’s increased cost of doing business globally. United Cargo faces the challenge of rising costs imposed on us by our suppliers, partners, and by the market.”
United added: “United Cargo will continue to evaluate conditions closely and communicate any adjustments to this fee as conditions evolve.”
Meanwhile, at American Airlines cargo operating revenues climbed 12.9% to $214m and cargo ton miles rose 9%.
Delta also fared well in the first quarter with a 9% rise in cargo operating revenue to $226m.
Global airfreight tonnage in March dropped 4% year on year as the war in the Middle East continued, shows the latest WorldACD data.
Xeneta has also warned that air cargo demand may be dampened if fuel prices continue to rise.
