{"id":213997,"date":"2010-01-22T11:41:25","date_gmt":"2010-01-22T16:41:25","guid":{"rendered":"http:\/\/www.businessinsider.com\/airlines-suffered-largest-revenue-drop-ever-in-2009-2010-1"},"modified":"2010-01-22T11:41:25","modified_gmt":"2010-01-22T16:41:25","slug":"airlines-suffered-largest-revenue-drop-ever-in-2009","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/213997","title":{"rendered":"Airlines Suffered Largest Revenue Drop Ever In 2009"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b47416e000000000060984a\/united-airlines.jpg\" border=\"0\" alt=\"united airlines\" \/><\/p>\n<p>Total passenger revenue for the major U.S. airlines plunged 18 percent in 2009 compared to 2008, <a href=\"http:\/\/money.cnn.com\/2010\/01\/20\/news\/economy\/air_traffic_2009\/index.htm\">CNNMoney reports<\/a>.<\/p>\n<p>It was the largest drop in the industry&#8217;s history, surpassing the 14 percent decline in 2001.<\/p>\n<p>The Air Transport Association of America attributed the loss to a 6% drop in passenger volume and a 13% decline in the average cost of flying one mile.<\/p>\n<p>Still, ATA President James May said that &#8220;anecdotal evidence&#8221; suggests revenue will <a href=\"http:\/\/www.businessinsider.com\/goldman-air-travel-has-roared-back-2009-12\">rebound<\/a> in 2010, despite the possibility of higher fuel prices.<\/p>\n<p>December&#8217;s 4 percent drop in revenue marked the 14th consecutive month of declining sales.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/airlines-suffered-largest-revenue-drop-ever-in-2009-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-air-travel-has-roared-back-2009-12\">Goldman: Air Travel Roaring Back To Life<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/get-ready-for-standing-room-only-air-travel-2009-7\">Get Ready For Standing-Room Only Air Travel<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/W2hs47MdlDWhKi8pDcOojqdESP4\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/W2hs47MdlDWhKi8pDcOojqdESP4\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/W2hs47MdlDWhKi8pDcOojqdESP4\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/W2hs47MdlDWhKi8pDcOojqdESP4\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=5BgFa8kSVp4:KNAz0WnXMhw:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=5BgFa8kSVp4:KNAz0WnXMhw:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=5BgFa8kSVp4:KNAz0WnXMhw:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=5BgFa8kSVp4:KNAz0WnXMhw:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=5BgFa8kSVp4:KNAz0WnXMhw:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=5BgFa8kSVp4:KNAz0WnXMhw:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=5BgFa8kSVp4:KNAz0WnXMhw:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=5BgFa8kSVp4:KNAz0WnXMhw:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/greensheet\/~4\/5BgFa8kSVp4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total passenger revenue for the major U.S. airlines plunged 18 percent in 2009 compared to 2008, CNNMoney reports. It was the largest drop in the industry&#8217;s history, surpassing the 14 percent decline in 2001. The Air Transport Association of America attributed the loss to a 6% drop in passenger volume and a 13% decline in [&hellip;]<\/p>\n","protected":false},"author":813,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-213997","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/213997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/813"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=213997"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/213997\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=213997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=213997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=213997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}