US airlines report ninth consecutive month of pax revenue growth
Air Transport Association of America (ATA) reported (19-Oct-2010) passenger revenue from US airlines rose 19% year-on-year in Sep-2010, the ninth consecutive month of revenue growth, and includes a 12% increase in domestic markets and a 35% jump in international markets. Cargo traffic (FTMs) jumped 14% in Aug-2010. [more]
ATA: “Once again, the global economy is driving spending on air travel with passenger revenue exceeding last year’s depressed levels. The industry remains hopeful that the nation’s economic recovery will progress in the months ahead,” James May, President and CEO. Source: ATA, 19-Oct-2010.