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Domestic yield growth running out of steam in the US, airline share price wrap

19-Dec-2008

The beleaguered US economy appears set for further weakness in the months ahead. Further contraction in the US Leading Index in Nov-08 suggests that the recession that began in Dec-07 will continue into the new year, and the contraction in economic activity "could deepen further in the near term", according to The Conference Board. [214 words]

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Graphs and data:

  • North America selected airlines daily share price movements (% change): 18-Dec-08
  • ATA passenger yield growth (% year-on-year) by region: Dec-07 to Nov-08
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