ATA Reports Increase in February Passenger Revenue

25 March 2010 (Last Updated March 25th, 2010 18:30)

The Air Transport Association of America (ATA) has reported that passenger revenue increased by 4.5% in February compared to the same month in 2009, based on a sample group of carriers. Growth was particularly strong across all regions in international markets, where passenger revenues

The Air Transport Association of America (ATA) has reported that passenger revenue increased by 4.5% in February compared to the same month in 2009, based on a sample group of carriers.

Growth was particularly strong across all regions in international markets, where passenger revenues rose by 7.9%, according to the ATA.

Nearly 2.9% fewer passengers, however, travelled on US airlines in February mainly due to extreme weather conditions, while the average price to fly one mile increased by 5%.

ATA President and CEO James C May said the growth in passenger revenue is a reflection of growing consumer confidence in a recovering economy.