The Air Transport Association of America (ATA) has applauded the US Senate’s final passage of the Restoring American Financial Stability Act of 2010, a comprehensive financial- and commodities-reform bill aimed in part, at curbing commodities speculation that have led to volatile fuel prices. “We applaud the Senate’s action...which will close the door on Wall Street’s high-risk gambling and unchecked commodities speculation that led to sky-high fuel … [Read more...] about ATA hails passage of Wall Street reform bill
Air Transport Association of America
Positive revenue growth for US carriers
The Air Transport Association of America (ATA) reported that passenger revenue, based on a sample group of carriers, rose 12.5 per cent in April 2010 versus the same month in 2009, marking the fourth consecutive month of revenue growth. “The April jump in passenger revenue is a positive sign, and one showing that the US industry is recovering gradually from last year’s severely depressed levels,†said ATA president and CEO James C. May. US airlines saw cargo traffic, as … [Read more...] about Positive revenue growth for US carriers
