Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Air passenger revenue ends 14-month decline

By Blake Ellis, staff reporter

NEW YORK (CNNMoney.com) -- U.S. airline passenger revenue rose in January for the first time in more than a year as ticket prices increased, according to a trade group.

Revenue based on a sample of U.S. carriers was up 1.4% in January compared to the same month in 2009, following 14 consecutive months of declines, the Air Transport Association (ATA) said Tuesday.

The boost in sales came as the average ticket price to fly one mile jumped 0.6%, the first rise since November 2008, offsetting the 0.4% drop in passengers.

Revenue was also boosted by a 3.4% increase in passenger sales on trans-Atlantic routes in January, the ATA said.

In December, cargo traffic surged 17% year-over-year amid growth in international trade. That compares to an 11% decline for the full year of 2009. January 2010 cargo data were not yet available. To top of page

Search for Jobs

Index Last Change % Change
Dow 18,215.36 69.65 0.38%
Nasdaq 5,298.89 41.49 0.79%
S&P 500 2,148.47 7.31 0.34%
Treasuries 1.77 0.03 1.55%
Data as of 12:30pm ET
Company Price Change % Change
AT&T Inc 36.85 -0.64 -1.70%
Bank of America Corp... 16.75 0.08 0.48%
Time Warner Inc 87.53 -1.95 -2.18%
Chesapeake Energy Co... 6.46 -0.22 -3.37%
Microsoft Corp 60.44 0.79 1.32%
Data as of 12:15pm ET


The combo brings together AT&T's wireless and Internet business and DirecTV with Time Warner programming, including CNN, HBO and Warner Bros. More

Wages have plummeted for Donald Trump's key supporters, so-called "middle skill" workers who are often in manufacturing, More

Microsoft is raising prices in the U.K. by whopping 22%, in response to the collapsing value of the pound. More

The University of Illinois partnered with Coursera to launch one of the most affordable online MBA programs yet. More