17-Apr-2009 4:10 PM
US carrier yields falling off a cliff
Analysis
US domestic yields plunged 14% in Mar-2009, according to the Air Transport Association. It was the fifth worst monthly fall in yields this decade, behind the 17.5% fall in Oct-2001 in the immediate aftermath of September-11, a 15.8% fall in Sep-2001, a 14.8% reduction in Nov-2001 and a 14.7% fall in Jan-2002.
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