Tuesday, May 5, 2015

Airline revenue down 14 months in a row

I'm posting a news release from the Air Transport Association, the trade group that represents most of the U.S. airlines, that should be read in conjunction with the earnings reports that carriers are issuing this week. American was first up today (see post just below). The airlines, with most except Southwest sampled, reported that their revenue has gone down 14 months in a row compared with the same month a year earlier, because of lower ticket revenue and fewer passengers. Read the ATA's release here.

Airline revenue down 14 months in a row

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I'm posting a news release from the Air Transport Association, the trade group that represents most of the U.S. airlines, that should be read in conjunction with the earnings reports that carriers are issuing this week. American was first up today (see post just below). The airlines, with most except Southwest sampled, reported that their revenue has gone down 14 months in a row compared with the same month a year earlier, because of lower ticket revenue and fewer passengers. Read the ATA's release here.

About this blog
Tom Belden has been reporting about Philadelphia International Airport and other air travel subjects for more than 20 years, writing columns for The Inquirer's Travel and Business sections. His reporting (with colleague Craig McCoy) on baggage handling problems in Philadelphia have been credited with helping to improve the system. His previous blog was called Road Warrior. He can reached at tbelden@phillynews.com. Reach Tom at tbelden@phillynews.com.

Tom Belden
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