Wed, Sep 22, 2010
Passenger Revenue Up 17 Percent Over Last August
The Air Transport Association of America (ATA), reports that
passenger revenue, based on a sample group of carriers, rose 17
percent in August 2010 compared to the same month in 2009, marking
the eighth consecutive month of revenue growth. The pace of
improvement slowed from the 25 percent and 20 percent
year-over-year gains realized in June and July, respectively.
Approximately 1 percent more passengers traveled on a sample of
U.S. airlines in August while the average price to fly one mile
rose 14 percent. International passenger revenue rose 27 percent,
led by a 44 percent gain in trans-Pacific markets.
"Spending on air travel remains well above last year's depressed
levels, but the industry is wary of a possible slowdown in the
nation's economic recovery as it enters the traditionally slower
fall period," said ATA President and CEO James C. May, in a news
release Monday.
James May
A sample of U.S. airlines saw cargo traffic, as measured in
cargo revenue ton miles, rise 15 percent year over year (3 percent
domestically and 24 percent internationally) in July 2010, driven
by increased international trade. August 2010 cargo data is not yet
available.
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.
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