For Airlines, It’s Looking More Like 2019 Again

for airlines its looking more like 2019 again

Sumary of For Airlines, It’s Looking More Like 2019 Again:

  • A summer travel bonanza is exceeding expectations, helping airlines earn profits again and brightening the outlook for the rest of the year.
  • Ticket prices have rebounded, too: In June, fares were down only 1 percent from the same month in 2019, according to the Adobe Digital Economy Index, which is similarly based on website visits and transactions.
  • And on Sunday, the Transportation Security Administration screened more than 2.2 million travelers at its airport checkpoints, the most in one day since the start of the pandemic.
  • “As people have gotten vaccinated and things have reopened, the demand is just very, very strong — and I think, in general, it’s stronger than people thought it would be,” said Helane Becker, an airline analyst at the investment bank Cowen.
  • “People have money and time, and they’re using it to travel.
  • ”A full recovery rests on the return of two pillars of the business, corporate and international travel, but executives said they expected both to improve meaningfully over the coming months.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content
Menu

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close