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 20,716.74 92.69 0.45%
Nasdaq 5,851.92 13.34 0.23%
S&P 500 2,361.25 10.09 0.43%
Treasuries 2.42 -0.00 -0.12%
Data as of 12:45pm ET
Company Price Change % Change
Bank of America Corp... 24.75 0.23 0.94%
Freeport-McMoRan Inc... 14.10 -0.81 -5.43%
Chesapeake Energy Co... 6.09 -0.01 -0.16%
Wal-Mart Stores Inc 71.60 2.23 3.22%
Ford Motor Co 12.68 0.10 0.83%
Data as of 12:30pm ET
Sponsors

Sections

Dealers are facing a shortage of good older-model used cars, meaning you can get good money for yours if you have one. More

Amazon isn't the only one thinking about delivering packages via drone. UPS is getting into the game too. More

Frustrated consumers can submit complaints to the Consumer Financial Protection Bureau. Here's what the database does and why some lawmakers want to abolish the agency that created it. More