Summary

  • Amerijet returns six 757-200PCFs, but two are still active. Aircraft are expected to enter storage after completing current routes.
  • Amerijet switched to a widebody-only fleet and hired a new CEO, Joe Mozzali, to navigate cargo industry turbulence.
  • Industry struggles with drop in demand and inflation-related price fluctuations. Amerijet grows cargo volumes by 8% with 10% fewer block hours.