US airline passenger revenue plunged 26% year-over-year in June, the eighth consecutive month of decline, while the 20.7% drop in yield was the "sharpest" this decade, the Air Transport Assn. said yesterday. The findings were based on data collected from 28 mainline and regional carriers. Passenger numbers fell 6.5% year-over-year. ATA also said May cargo traffic was down 20%, fueled by a 26% drop in the Pacific. June data was not available. "Despite extreme price discounting, June data ...

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