oneworld alliance announced (06-Jun-2011) its member carriers reported a combined revenue from alliance fares, corporate contracts and other alliance sales of USD850 million, an increase of 34% year-on-year and its fastest growth since the alliance’s launch more than a decade ago. The alliance’s member airlines also reported a combined passenger revenue of USD57 billion, up 2%. [more]
oneworld: "Revenues earned by our member airlines from their oneworld activities have shown remarkable resilience to the recession, bouncing back reassuringly rapidly and robustly from the global downturn. For frequent, international business travellers - our core target market - alliance services and benefits are now clearly a ‘must have',” Bruce Ashby, CEO. Source: oneworld alliance, 06-Jun-2011.