Press Release Source: Delta Air Lines On Thursday May 19, 2011, 5:00 am EDT
ATLANTA, PARIS and ROME, May 19, 2011 /PRNewswire/ -- The members of the leading trans-Atlantic joint venture – Delta Air Lines (), Air France KLM (OTC:AFLYY.ob - News) and Alitalia – today announced a year-over-year 7 to 9 percent reduction in trans-Atlantic passenger capacity this fall between Europe and the United States and Canada, as the airlines respond to a significant increase in jet fuel prices and fluctuating seasonal demand.
(Bold mine)
....Ouch, but we finally know what the metric the percentage will be comparing.....
Standby for the AE!