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Wed, Jun 23, 2010

ATA Reports Double-Digit Increases In May Passenger Revenue

April Cargo Traffic Also Shows Dramatic Gains

The Air Transport Association of America (ATA) said Tuesday that passenger revenue, based on a sample group of carriers, rose 21 percent in May 2010 versus the same month in 2009, marking the fifth consecutive month of revenue growth.

Approximately 2 percent more passengers traveled on U.S. airlines in May, while the average price to fly one mile rose 17 percent. International passenger revenue rose 36 percent, led by a 51 percent gain in trans-Pacific markets. “These results reflect encouraging signs of the nation’s economic recovery from the very deep hole of a year ago,” said ATA President and CEO James C. May.

U.S. airlines saw cargo traffic, as measured in cargo revenue ton miles, rise 17 percent year over year (8 percent domestically and 25 percent internationally) in April 2010, driven by increased international trade. May 2010 cargo data is not yet available.

FMI: www.airlines.org

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