ATA: U.S. Airlines Post Seventh Consecutive Month Of Revenue Growth
But The Pace Of Growth Slowed From June
Whether or not the economy is actually recovering is still the topic for some debate, but more people do seem to be flying, at least commercially. The Air Transport Association of America (ATA) reported Thursday that passenger revenue, based on a sample group of carriers, rose 20 percent in July 2010 compared to the same month in 2009, marking the seventh consecutive month of revenue growth. The pace of improvement slowed from the 25 percent year-over-year gain realized in June.
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