Both Delta Air Lines and Continental Airlines said year-over-year unit revenue declines are down to around 8%, providing some statistical indication that the US industry has weathered the worst of the demand storm. Delta expects to report an 8% year-over-year decrease in fourth-quarter unit revenue, CFO Hank Halter said yesterday during a Morgan Stanley investor conference available via webcast. Passenger RASM was down 18.1% in the third quarter. "By October, we were down in the 11%-12% ...

Subscribe to Access this Entire Article

"Delta, Continental report slowing unit revenue declines" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.