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 19,885.73 -5.27 -0.03%
Nasdaq 5,574.12 26.63 0.48%
S&P 500 2,274.64 4.20 0.18%
Treasuries 2.38 0.02 0.80%
Data as of Jan 14
Company Price Change % Change
Bank of America Corp... 23.01 0.09 0.39%
FMC Technologies Inc... 35.85 -0.15 -0.42%
Wells Fargo & Co 55.31 0.81 1.49%
Freeport-McMoRan Inc... 15.19 -0.08 -0.52%
Ford Motor Co 12.63 0.04 0.32%
Data as of Jan 13
Sponsors

Sections

Shares of Corona distributor Constellation Brands have dropped 10% since the election due to concerns about how Trump's tax and immigration policies will impact the beer company. More

European Central Bank action won't hold the euro together for ever. Reforms are urgently needed to lift growth. More

Rhode Island Governor Gina Raimondo wants to make two years of tuition free for residents enrolled at public colleges. More