The largest U.S. airlines, the so-called “legacy” or “major” airlines, posted a 12.6% jump in mainline revenue in May. This is the results of greater consumer demand.
Just released by the Air Transport Association (ATA), the report covers the seven major U.S. airlines. If their regional affiliates are included in the statistics, passenger RASM rose 15% in May. This was the stronger April-to-May improvement since 2000, according to JP Morgan aviation analysts, excluding the 2003 Gulf War.
U.S. domestic mainline revenue rose 15.1%, according to ATA. Outside the U.S., unit revenue to Latin America rose 14.8% and transpacific and transatlantic routes rose 7.5% and 5.4%, respectively.
This is excellent news for the industry. It indicates that not only are discount and regional airlines growing rapidly, but major U.S. airlines may be growing also. Become a part of these exciting times in aviation. Train to be a commercial pilot. Call Phoenix East Aviation today.