20-Oct-2009 5:15 PM
US airline yield weakness continues in Sep-2009
Analysis
During Sep-2009, domestic US airline yields slumped 16.0%, a worsening from the contractions reported in the Aug-2009 and Jul-2009, of 14.0% and 14.7%, respectively, for the second largest contraction in 2009 (after Jun-2009's 18.9% reduction). Southwest Airlines CEO, Gary Kelly, stated last week, "this is a very difficult environment to operate in".
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