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American Airlines Announces New Postal Contract.
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PR Newswire
- Article date:
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September 20, 2006
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Copyright informationCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT WORTH, Texas, Sept. 20 /PRNewswire-FirstCall/ -- American Airlines today signed a 5-year service agreement with the U.S. Postal Service potentially worth $500 million in revenue to American, which is the largest single contract ever awarded to American's Cargo division.
The previous contract with the Postal Service, executed in 2003, narrowed the number of carriers from 50 to only 13 and instituted stringent new requirements for the on-time delivery of mail by contracted carriers. To accommodate the requirements of that contract, American completely re- engineered its mail processes. Today, American is a preferred carrier of the Postal Service and carries more mail ...
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