Global business traveler sentiment concerning trip experiences improved modestly over last quarter, growing 0.4 points. Growth is highest among U.S. travelers which grew 5.7 points from last quarter. This suggests growing satisfaction with the overall travel experience. Most global travelers (68 percent) say they would travel more often if given the options.
YTD Sales Total $84.4 Billion as Passenger Trips Increase 2%
U.S. airlines carried an estimated 78.1 million system-wide (domestic and international) scheduled service passengers in October 2019, seasonally-adjusted, reaching a new seasonally-adjusted all-time high, according to the Bureau of Transportation Statistics (BTS) first estimate, up 0.9% from the September second estimate.
In September 2019, reporting marketing carriers posted an on-time arrival rate of 84.1%, up from both the 77.6% on-time rate in August 2019 and from 81.9% in September 2018.
Year-to-date growth in all reporting destinations was up 3.4% on a weighted average basis, although significantly slower than in the previous two years · A no deal Brexit would affect tourism flows through a series of macroeconomic channels, sentiment impacts, and potential travel disruption
The global passenger traffic results for September 2019 show that demand climbed 3.8% compared to the same month last year
Travel to and within the United States grew 2.2% year-over-year in September, according to the U.S. Travel Associations latest Travel Trends Index (TTI), marking the industrys 117th straight month of growth.
Report highlights significant retail opportunity for travel companies across the spectrum
Air freight market decline continues due to trade and global economy challenges
ACI Finds Airport Industry in a high Wire Balancing Act in Meeting Demand