ATA reports 11th consecutive monthly pax revenue rise

Air Transport Association of America (ATA) reports (16-Dec-2010) US domestic airlines registered a 14.5% year-on-year increase in passenger revenue in Nov-2010, on the back of an 1% increase in domestic passenger revenue and a 23% increase in international passenger revenue, and the 11th consecutive monthly growth. US airlines also reported a 6.5% increase in passenger traffic (RPMs) in Nov-2010 and a 6% increase in cargo traffic (CRTM) in Oct-2010. [more]

ATA: "These revenue results give us confidence as we enter the heart of the winter holiday season. The relative strength of demand for travelling and shipping in international markets is especially encouraging," James May, President and CEO. Source: ATA, 16-Dec-2010.