Yahoo! Finance Search - Finance Home - Yahoo! - Help
AP

AP
US carriers' passenger revenue down in October
Friday November 20, 11:02 am ET
ATA says passenger revenue among US carriers fell 15 percent in Oct. from a year ago

WASHINGTON (AP) -- Passenger revenue among U.S. airlines fell 15 percent in October compared to the same month last year, an industry trade group said Friday.

The Air Transport Association said its figures are based on a sample group of more than two dozen carriers.

October marked the 12th consecutive month in which passenger revenue fell from the prior year, ATA said, citing ticket price declines.

The group said 3 percent fewer passengers traveled on U.S. airlines in October, while the average price to fly one mile fell 13.5 percent.

Passenger revenue declines extended beyond the U.S., particularly in trans-Atlantic and trans-Pacific markets, ATA said.



Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2010 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2010 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.