Air passenger traffic soars

July 07, 1992|By Bloomberg Business News

CHICAGO -- United Airlines and USAir have announced double-digit increases in June passenger traffic, reflecting the boost from half-price summer fares.

United Airlines says traffic rose to 8.6 billion revenue passenger miles last month from 7.7 billion miles in June 1991.

USAir says passenger traffic rose 18.7 percent to 3.3 billion revenue passenger miles from 2.8 billion miles in June 1991.

But United President J. C. Pope says the strong June traffic may not do much for the parent UAL Corp.'s bottom line. "Much of this business is at lower yields" as passengers took advantage of the industry's half-price sale on summer excursion fares, he says.

Other airlines also have reported strong June traffic. Last week, American Airlines said passenger traffic surged 20.3 percent, while Delta reported a 25.8 percent jump.

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