Passenger revenue up 25% in Jun-2010: ATA
Air Transport Association of America (ATA) reports (21-Jul-2010) passenger revenue rose 25% year-on-year in Jun-2010, the sixth consecutive month of revenue growth. According to ATA, US airlines registered a 1.4% increase in passenger numbers and a 20% increase in unit revenues in Jun-2010. Meanwhile, cargo traffic (FTMs) rose 22% in May-2010. [more]
Air Transport Association of America: “It is clear from these positive results that the recovering US economy is enabling airlines to dig out from the very deep hole of a year ago,” James May, President and CEO. Source: ATA, 21-Jul-2010.