US Air Transport Assn. said yesterday that US airlines' August passenger revenue fell 21% year-over-year, marking the 10th consecutive month of decline, while IATA said there was evidence of "an upturn" in premium passengers in July but warned that the rebound likely will be slow and excess capacity will keep yields low. According to ATA, 6% fewer passengers traveled on US airlines during the month than in August 2008 while the average price to fly 1 mi. fell 17%, slightly improved over ...

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