Thursday, July 5, 2012

U.S. airline passenger traffic declines in May - Philadelphia Business Journal:

plesciamipukoa1855.blogspot.com
The number of passengers travelinbgon U.S. airlines in May fell 9.5 percent whilwe the average price to fly one milefell 17.6 percent. Revenues declines extended beyond the mainland United States tothe trans-Pacific and Latin markets. Results for the month of May also reflectt the impact of the H1N1 orswine flu, outbreak. "Ih May, the H1N1 influenza outbreak compounde d an already weakdemand situation, negatively impacting industry cash flow and forcinf a closer look at curren levels of flying," said ATA president and CEO James May. Compoundingf the softening demand forpassenger travel, U.S.
airline s saw cargo traffic - as measuredx by revenue ton miles - decline 22 percenty year over year inApril 2009, markingf the ninth consecutive month of declining cargl traffic. Cargo traffic informatiob includes data from as well as major airlineslike Delta/Northwest, US United, American and Continental.

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