Pax revenue rise for the 10th consecutive month: ATA

Air Transport Association of America (ATA) stated (19-Nov-2010) US airlines reported an 18% year-on-year increase in passenger revenue in Oct-2010, the 10th consecutive monthly increase, including a 12.5% increase in domestic passenger revenue and a 31% jump in international passenger revenue. The industry trade organisation also reported cargo traffic, measured in cargo revenue ton miles, rose 8% in Sep-2010. [more]

ATA: "These results highlight the importance of international markets to air travelers and shippers, as the global economy drives up transportation spending to and from the United States," James May. Source: ATA, 19-Nov-2010.