ATA reports decline in Dec-2009 passenger revenue and yield per RPM

The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today reported that passenger revenue, based on a sample group of carriers,1 fell 4 percent in December 2009 versus the same month in 2008, marking the 14th consecutive month in which passenger revenue declined from the prior year due to the combination of continued reduced passenger traffic and lower average ticket prices.