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News

February Sees Year-on-Year Rise in Both Passenger and Cargo Volumes


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Air Transport Association Of America (ATA)
: 24 March, 2010  (Company News)
American carriers have seen another increase in February in both passenger and cargo volumes seen by the ATA as evidence in growing economic confidence
The Air Transport Association of America (ATA) has reported that passenger revenue, based on a sample group of carriers, rose 4.5 percent in February versus the same month in 2009, marking the second consecutive month of revenue growth.

Approximately 2.9 percent fewer passengers travelled on US airlines in February, in large part due to inclement weather, while the average price to fly one mile rose 5 percent. Growth was particularly strong across all regions in international markets, where passenger revenues rose 7.9 percent.

US airlines saw cargo traffic, as measured in cargo revenue ton miles, rise 14 percent year over year (2 percent domestically and 27 percent internationally) in January 2009, driven by increased international trade. February 2010 cargo data is not yet available.

“The growth in passenger revenue and cargo traffic is a reflection of growing consumer confidence in a recovering economy,” said ATA President and CEO James May.

Annually, commercial aviation helps drive more than $1 trillion in US economic activity and nearly 11 million U.S. jobs. On a daily basis, US airlines operate nearly 26,000 flights in 80 countries, using more than 6,000 aircraft to carry an average of two million passengers and 50,000 tons of cargo.
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