U.S. airline passenger revenue rose in April-trade group

* Fourth straight monthly rise in passenger revenue

* Prices, cargo traffic up

* Airline shares rise

ATLANTA, May 21 (BestGrowthStock) – Passenger revenue at U.S. airlines
rose for the fourth straight month in April on higher prices,
providing further evidence of recovery, the trade group for the
U.S. industry said on Friday.

The Air Transport Association of America said passenger
revenue was up 12.5 percent in April. The average price to fly one
mile on U.S. carriers rose nearly 14 percent in the month, while
about 0.5 percent more passengers traveled on the airlines, the
group added.

International passenger revenue for U.S. airlines was up 15
percent in April, helped by a 37 percent rise in transpacific
markets.

The ATA revenue figures are based on data reported to the
group by major carriers including Delta Air Lines (DAL.N: ); AMR
Corp’s (AMR.N: ) American; UAL Corp’s (UAUA.O: ) United and
Continental Airlines Inc (CAL.N: ), which plan to merge; as well as
regional airlines.

The Washington-based trade group also said cargo traffic at
U.S. airlines rose 22 percent in March 2010 from a year earlier,
aided by increased international trade.

Major U.S. airlines were higher in trading on Friday, with the
Arca Airline index (.XAL: ) up about 3 percent. Delta, AMR, US
Airways Group and UAL were up around 5 percent, while Continental
was up 4.4 percent.

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(Reporting by Karen Jacobs; Editing by Phil Berlowitz)

U.S. airline passenger revenue rose in April-trade group