Yesterday, the monthly ATA yield data was released with data for November, and the numbers actually look half-decent. Year-over-year comparisons continue to improve, though a big reason for that is comparisons are becoming more favorable – November 2008 was the first month where we saw a decline in yields. Plus, Thanksgiving was earlier in 2009 than 2008, so more holiday travel took place in November this year (Thanksgiving was late last year so some travel took place in early December). But still, it’s improvement:
A 12-month moving average of the data still shows declines, but like November, the decline was less than that of the prior month.
As you can see from the graph – it really looks like things are bottoming out. Hopefully the trend will continue, and we can see some kind of growth in the coming months.
Anyway, my last final is this afternoon, so I will be back to a regular posting schedule tomorrow.
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