ATA Reports 1.4% Rise in January Passenger Revenue

24 February 2010 (Last Updated February 24th, 2010 18:30)

The Air Transport Association of America (ATA) has reported that passenger revenue in January 2010 increased by 1.4% compared to the same month in 2009. According to ATA, around 0.4% fewer passengers travelled on US airlines in January. The average price to fly one mile increa

The Air Transport Association of America (ATA) has reported that passenger revenue in January 2010 increased by 1.4% compared to the same month in 2009.

According to ATA, around 0.4% fewer passengers travelled on US airlines in January.

The average price to fly one mile increased by 0.6%, which is the first such increase since November 2008, while passenger revenue increased by 3.4% on transatlantic routes.

Cargo traffic for US airlines also experienced a year-on-year increase of 17% in December 2009, primarily driven by increased international trade.

ATA president and CEO James May said the modest uptick in passenger revenue and the solid increase in cargo volumes are promising signs that air-transport demand may be at the beginning of a long-awaited recovery.