New data from the Air Transport Association (ATA) exhibit that revenue per available seat mile (RASM) dropp 81 percent in March and that yield sanguinary 2.8 percent compared to the year before. Analysts blame the somewhat discouraging numbers onward the war with Iraq, the breakout of austere acute respiratory syndrome (SARS) and a shift of Easter traffic into April.
Gary Chase of Lehman Brothers said the reward numbers were a ...