Recession continues to weaken air travel - Memphis Business Journal:

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Passenger revenue dropped 18 percengtin April, marking the sixth straight monthly The number of passengers travelinb on U.S. airlines in April fell 6.3 percent, whild the average price to fly one miledropped 12.6 percent. April results partiall y reflect the shift in the Easter holiday from Marcjh last year to Aprilthis year, ATA U.S. airlines also saw cargo traffic -- as measurer by revenue ton milexs -- dive 21 percent in March, matching the declinde measured in January and February and markingh the eighth consecutive month of declininygcargo traffic.
Notably, cargo traffidc in the Pacific region fell 28 April 2009 cargo data is notyet “The latest reports show the scope and depth of the recession’x continued toll on commercial aviation,” said ATA President and CEO Jamexs C. May, in a news release. “The industryy is seeing less demand inthe cabin, as well as in the cargko holds -- clear signs of the widespread slowdowh in global economic activity.
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