updated 11/20/2009 11:42:43 AM ET 2009-11-20T16:42:43

Passenger revenue among U.S. airlines fell 15 percent in October compared to the same month last year, an industry trade group said Friday.

The Air Transport Association said its figures are based on a sample group of more than two dozen carriers.

October marked the 12th consecutive month in which passenger revenue fell from the prior year, ATA said, citing ticket price declines.

The group said 3 percent fewer passengers traveled on U.S. airlines in October, while the average price to fly one mile fell 13.5 percent.

Passenger revenue declines extended beyond the U.S., particularly in trans-Atlantic and trans-Pacific markets, ATA said.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
13.79%
Cash Back Cards 17.80%
17.78%
Rewards Cards 17.18%
17.17%
Source: Bankrate.com