2009 Airline Revenue: Worst Drop Ever

January 21st, 2010

Via: CNN:

The airline industry suffered its largest drop ever in passenger revenue last year as a weak economy grounded many would-be travelers, an industry group said Wednesday.

The Air Transport Association of America said total passenger revenue for the major U.S. carriers fell 18% in 2009 versus the year before. It was the largest drop on record, exceeding the 14% decline in 2001.

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One Response to “2009 Airline Revenue: Worst Drop Ever”

  1. anothernut Says:

    “…a weak economy grounded many would-be travelers…” That and the idea of going through some of the guilty-until-proven-innocent treatment at the airports we’ve all read about.

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