Airline data reflects improved passenger demand
July 8, 2010, 02:00 pm
The airline industry is continuing to rebuild momentum after a disastrous recession that saw many companies forced to cut costs significantly in order to survive.
For example, U.S. Airways reported this week that mainline revenue passenger miles for June were up to 5.6 billion, marking a 2.9 percent increase over last June's figures. Passenger load factor was also up by a 0.1 percent margin over June 2009, while the airline also reported 6.4 billion available seat miles last month - a 2.8 percent year over year increase.
Elsewhere, Southwest Airlines announced that it had flown 7.1 billion revenue passenger miles in June, marking a 5 percent improvement since the previous year. Available seat miles and load factor were also somewhat higher in June.
Another company reporting improvement was AirTran, which cited a 7.4 percent year-over-year gain in revenue passenger miles to reach 1.8 billion, along with a 7.9 percent increase in traffic for the second quarter of the year.
For much of the past year, airlines and lodging companies have been reporting improvements in the business and leisure travel sectors, reflecting the increased pace of economic activity around the world.
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