Thu, Apr 24, 2003
Even With Holiday/Holy Day Travel, RPMs Down 10+%
The Air Transport Association wanted you to know
that, despite the occurrence of Easter and Passover during the
month of April this year (versus March of last year), airlines
continue to see significant declines in traffic from last
year’s depressed levels. Systemwide revenue passenger miles
(RPMs) for the week ended April 20 were down 10.5% compared with
the same period in 2002.
Atlantic and Pacific Routes Just Died
Traffic declines in the Atlantic and Pacific regions continued,
with RPMs down 25.8% and 39.6%, respectively, compared with the
same week last year. Domestic traffic fell 4.7%, while Latin
traffic rose 4.4%.
SARS a Significant Factor
"The weak economy and concerns over SARS continue
to affect the airline industry," said ATA President and CEO James
C. May. "With the war well on its way to completion and the nation
placed back on Code Yellow, the airlines are hopeful travelers will
begin to take real advantage of fare sales being offered by many
carriers."
ASMs Changed to Reflect Changing Travel Patterns
In response to the declines in traffic, carriers have made
adjustments to capacity, with available seat miles (ASMs) reduced
by 10.1 percent systemwide for the week ended April 20. Atlantic
capacity was the most affected, with ASMs down 23.7 percent,
followed by Pacific capacity, which fell 16.1 percent. Domestic
capacity fell 7.8 percent, while Latin capacity increased slightly
by 1.8 percent.
The Air Transport Association of America, Inc. is the trade
association for leading U.S. airlines. ATA members transport 95
percent of all passenger and cargo traffic in the United
States.
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