Mon, May 24, 2010
Positive Revenue Growth Reflects An Industry Still In
The Air Transport Association of America (ATA) released a
report Friday that passenger revenue, based on a sample group of
carriers, rose 12.5 percent in April 2010 versus the same month in
2009, marking the fourth consecutive month of revenue growth.
Approximately 0.5 percent more passengers traveled on U.S. airlines
in April, while the average price to fly one mile rose nearly 14
percent. International passenger revenue rose 15 percent, led by a
37 percent gain in transpacific markets.
"The April jump in passenger revenue is a positive sign, and one
showing that the U.S. industry is recovering gradually from last
year's severely depressed levels," said ATA President and CEO James
C. May. "Last year, domestic round-trip fares averaged $28 less
than they did a decade earlier. In fact, year-ago fares were a
staggering $117 short of keeping pace with inflation."
U.S. airlines saw cargo traffic, as measured in cargo revenue
ton miles, rise 22 percent year over year (12 percent domestically
and 30 percent internationally) in March 2010, driven by increased
international trade. April 2010 cargo data is not yet
Annually, commercial aviation helps drive more than $1 trillion
in U.S. economic activity and nearly 11 million U.S. jobs. On a
daily basis, U.S. airlines operate approximately 25,000 flights in
80 countries, using more than 6,000 aircraft to carry an average of
two million passengers and 50,000 tons of cargo.
Also: Trig TT31 Update, Barnstorming--GA Wimping Out, Gone West: MiG Designer Belyakov, Zenith's 10000 Plan! When the FAA opened the door for easier angle of attack (AoA) indicator>[...]
Get A Customized ANN News Portal For YOUR Website! As we promised, the ever-so-busy software geeks at ANN have been working overtime on a number of cool new tools and toys... and t>[...]
"We are paying homage to Paul Poberezny by using the same colors and look as his prototype Acrosport. In fact, when I went digging to find the exact colors, Sue from the EAA Librar>[...]
Air Mobility Command Museum Located at Dover Air Force Base, the Air Mobility Command Museum focuses on the heavy lifters that are the backbone of our military's worldwide superior>[...]
A condition that exists when the static directional stability of the airplane is very strong as compared to the effect of its dihedral in maintaining lateral equilibrium.>[...]