WASHINGTON – The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today reported that passenger revenue,(1) based on a sample group of carriers,(2) rose 14.5 percent in November 2010 compared to the same month in 2009, marking the 11th consecutive month of revenue growth. Miles flown by paying passengers(3) rose 6.5 percent while the average price to fly one mile rose 7.5 percent. Passenger revenue(1) improved 11 percent domestically and 23 percent in international markets.
“These revenue results give us confidence as we enter the heart of the winter holiday season,” said ATA President and CEO James C. May. “The relative strength of demand for traveling and shipping in international markets is especially encouraging.”
A sample of U.S. airlines(4) saw cargo traffic, as measured in cargo revenue ton miles, rise 6 percent year over year (down 2 percent domestically but up 13 percent internationally) in October 2010. November 2010 cargo data is not yet available.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- airlines(4) saw cargo traffic, as measured in cargo revenue ton miles, rise 6 percent year over year (down 2 percent domestically but up 13 percent internationally) in October 2010.
- airlines, today reported that passenger revenue,(1) based on a sample group of carriers,(2) rose 14.
- 5 percent in November 2010 compared to the same month in 2009, marking the 11th consecutive month of revenue growth.
