U.S. airlines' passenger revenue falls

updated 11:42 a.m. ET Nov. 20, 2009

WASHINGTON - Passenger revenue among U.S. airlines fell 15 percent in October compared to the same month last year, an industry trade group said Friday.

The Air Transport Association said its figures are based on a sample group of more than two dozen carriers.

October marked the 12th consecutive month in which passenger revenue fell from the prior year, ATA said, citing ticket price declines.

The group said 3 percent fewer passengers traveled on U.S. airlines in October, while the average price to fly one mile fell 13.5 percent.

Passenger revenue declines extended beyond the U.S., particularly in trans-Atlantic and trans-Pacific markets, ATA said.

Also in msnbc.com business Watch and rate all the ads from the Super Bowl ConsumerMan: 'Unfair' online piggybacking tactics Hollywood goes through a year of ‘Paranormal Activity’ Your Career: Smart blogging can set you apart   Video: The American economy, paid for by China

MORE FROM AVIATION

Aviation Section Front

Japan Airlines keeps alliance with American Asia the prize, not JAL, in Delta-American fight Mesa Air files for bankruptcy protection Northwest Airlines brand to die in early 2010 Failed attack likely won’t hurt airline stocks U.K. court: British Airways can bar strike Boeing has much to prove with 787 U.K. transit crews may follow British Air strike Southwest Air tops list of best places to work Mechanics target overseas airline maintenance Aviation Section Front   Add Aviation headlines to your news reader: