U.S. airlines see increase in May’s revenue


U.S. Airlines furthered their recovery in May as they witnessed a greater demand and increased their prices.


The U.S. airlines’ revenue per passenger mile – a common industry performance measure – for domestic flights increased by 14.1 % in May, their most productive increase this year.


On trans-Atlantic routes, yield increased by 28.3 %, though after last year’s historical lows that followed a financial crisis. Trans-Pacific yield gained 25.2% and yields for flights to Latin America rose 10.9%.


Yield is the standard price paid to fly one mile, not including taxes.


Source: The Wall Street Journal


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