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U.S. Regionals’s Unit RevenueFalls Below Network Carriers’
For the first time since 2004, when regional airlines started submitting quarterly financial data to DOT’s Bureau of Transportation Statistics, network airlines’ unit revenues exceeded those of the regionals in the third quarter of 2007.
The network carriers’ revenue increased 0.8 cents per available seat mile to 14.9 cents in the quarter, compared with the third quarter of 2006, while the regionals’ dropped 0.3 cents per ASM, to 14.7 cents. As usual, network airlines’ unit costs were lower than the regionals’, 13.6 cents per ASM compared with 14 cents.