21-Sep-2010 1:08 PM

Passenger revenues up in Aug-2010, pace of growth slows from Jul-2010

Air Transport Association of America (ATA) stated (20-Sep-2010) US airlines reported a 17% year-on-year increase in passenger revenue in Aug-2010, the eighth consecutive month of revenue growth. According to the industry trade organisation, US airlines transported 1% more passengers in Aug-2010 while cargo traffic, measured in cargo revenue ton miles, rose 15% in Jul-2010. [more]

ATA: “Spending on air travel remains well above last year’s depressed levels, but the industry is wary of a possible slowdown in the nation’s economic recovery as it enters the traditionally slower fall period,” James May, President and CEO. Source: ATA, 20-Sep-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More