U.S. Airlines See March Traffic Jump
Despite decline in its flying capacity, American Airlines’ traffic increased 2.5 percent in March over the same month in 2009. And while American doesn’t estimate revenues in its monthly traffic, US Airways said Monday that its March passenger unit revenues soared 18 percent over a year earlier. Did you like this? Share it:Tweet
US Airways’ Revenue Improves, Fueling Signs of Recovery
US Airways Group Inc. said its passenger unit revenue, the amount it takes in for each seat flown a mile, rose about 18% from a year earlier in March, adding to evidence that the industry is recovering from last year’s recession-induced plunge in travel demand. Did you like this? Share it:Tweet
Passenger Traffic and Demand Improvements Continue in March – IATA
The International Air Transport Association (IATA) announced that March 2010 international scheduled air traffic showed continued strengthening of demand. Compared to March 2009, passenger demand was up 10.3%, while cargo demand grew 28.1%. Both are improvements from the 9.0% and 26.3% growth for passenger and freight demand recorded in February. Did you like this? Share [...]
United Airlines Sees Clearer Skies Ahead
UAL, the parent company of United Airlines, reported better than expected results Tuesday on a mix of heightened fares and increased travel. Did you like this? Share it:Tweet
Alaska Airlines & Horizon Air Returns to Profitability
Alaska Air Group Inc., parent of Alaska Airlines and Horizon Air, reported first-quarter net income of $5.3 million compared with a loss of $19.2 million, or a loss of 53 cents per share a year earlier. The company said it’s the best first quarter since 1999. Did you like this? Share it:Tweet
Southwest Airlines Posts First-quarter Profit
Southwest Airlines today reported a first quarter 2010 net income of $11 million compared to a net loss of $91 million for first quarter 2009. Did you like this? Share it:Tweet
Air Transport Association of America Reports Double-Digit Increase in March Passenger Revenue, February Cargo Traffic
The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today reported that passenger revenue, based on a sample group of carriers, rose 15.4 percent in March versus the same month in 2009, marking the third consecutive month of revenue growth. Did you like this? Share it:Tweet
Allegiant Air Reports First Quarter 2010 Profit
Allegiant Travel Co., parent of Allegiant Air, reported $22.6 million in net income for the first quarter. Operating revenue was up 19.4% to $169.6 million. Average aircraft in operation increased by seven to 46, lifting seat capacity 16.9% from the year-ago quarter to 1.56 billion ASMs while RPMs increased 17.7% to 1.37 billion. Load factor [...]
SkyWest, Inc. Reports March Traffic Increased for SkyWest Airlines and Atlantic Southeast Airlines
SkyWest, Inc. reported a 16.8 percent increase in revenue passenger miles (RPMs) for March, while available seat miles (ASMs) increased 11.9 percent compared to the same period last year. The combined airlines generated 1.63 billion RPMs for the month, while ASMs increased to 2.02 billion. Load factor was up 3.4 percentage points to 81.0 percent [...]
JetBlue March Traffic and Capacity Rises
JetBlue Airways Corp. said its March traffic, capacity and occupancy rose compared to the same month a year ago. Did you like this? Share it:Tweet
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