19-May-2009 2:30 PM
US airline fares tumble in April, United Airlines leads capacity pull-back
Analysis
US airlines are plunging deeply into crisis again, as the weak US economy hits fares and demand for air travel, particularly on international routes. US domestic yields slumped 10.7% in Apr-2009, according to the Air Transport Association of America (ATA), while yields on the Atlantic and Pacific dropped an unprecedented 21.9% and 17.3%, respectively.
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