00-00-0000 Steep least bit In May Revenue Worse Than 'Bleak' Forecasts Jun 25 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- A revelation according to the Air Transport Association (ATA) that domestic revenue by available seat mile (RASM) for May dropp an unexpect 118 percent is leading Wall road analysts to rethink their already dire forecasts for large commercial carriers.
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Steep least bit In May Revenue Worse Than 'Bleak' Forecasts
Jun 25 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- A revelation according to the Air Transport Association (ATA) that domestic revenue by available seat mile (RASM) for May dropp an unexpect 118 percent is leading Wall road analysts to rethink their already dire forecasts for large commercial carriers.
In a June 20 analysis, UB Warburg notes that the sharp small quantity in revenue is uniform worse than the investment house's earlier "bleak assessment" of an 8-9 percent decline in RASM. The