Things in the Sky

Last week the ATA released its monthly yield data, and the results show more of the same: we’re around the bottom, but we’re not moving much:

Of course, comparisons are hard, and that will continue. In, September 2008 airlines posted large gains in yield as airlines rose fares, and as the months progress, comparisons will be based on this year’s big declines.

Nevertheless, in terms of year-over-year change, the decreases in yields have been in the same range for a few months now. Declines of over 20% aren’t good, but at least we are now seeing some kind of stability.