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. Ã¢â‚¬Å“The April jump in passenger revenue is a positive sign, and one showing that the US industry is recovering gradually from last yearÃ¢â‚¬™s severely depressed levels,Ã¢â‚¬Â said ATA president and CEO James C. May. US airlines saw cargo traffic, as … [Read more...] about Positive revenue growth for US carriers
A US Court of Appeals recently granted the Port Authority of New York and New Jersey's motion requesting a stay of the controversial slot auctions at New York JFK, LaGuardia and Newark airports that FAA scheduled to start next month. The decision may scuttle the Department of Transportation's plans to launch the auction process prior to the 20 January transition in presidential administrations. The Air Transport Association (ATA) and Continental Airlines also filed motions requesting a stay. "We … [Read more...] about NY/NJ slot auction put on hold by US Appeals Court.