Cargo demand remains high, while passenger traffic is still dismal
The International Air Transport Association (IATA) announced that passenger traffic fell in March 2021 compared to pre-COVID levels (March 2019) but rose compared to the immediate month prior (February 2021).
According to the American Customer Satisfaction Index Travel Report 2020-2021, only airlines keep customer satisfaction moving in a positive direction. The car rental industry holds steady, yet guest satisfaction for hotels heads south, as almost every major chain experiences ACSI losses. Satisfaction with online travel agencies sinks to an all-time low.
The 10 marketing network carriers reported 350,170 scheduled domestic flights in February 2021 compared to 379,384 flights in January 2021 and 623,103 flights in February 2020.
The 2020 average domestic itinerary air fare of $292 was the lowest inflation-adjusted annual fare since the Bureau of Transportation Statistics began collecting such records in 1995, down 19% from the previous low of $359 in 2019.
U.S. airlines and foreign airlines serving the U.S. carried 398 million systemwide (domestic and international) scheduled service passengers in 2020, 62% fewer than in 2019 when the record high of 1.1 billion annual passengers was reached.
Tripadvisor's 2021 Summer Travel Index Reveals Trending Destinations & Experiences (PRNewsfoto/Tripadvisor)
March Net Sales Total Equals Largest Month-Over-Month Increase Since Summer 2020
U.S. airlines carried 30.8 million systemwide (domestic and international) scheduled service passengers in January 2021, seasonally adjusted, according to the Bureau of Transportation Statistics (BTS), down 0.9% from December.
U.S. airlines carried 61% fewer scheduled service passengers in February 2021 than in February 2020 (preliminary), according to data filed with the Bureau of Transportation Statistics (BTS) by 22 airlines that carry more than 90% of the passengers. February was the fifth straight month of year-over-year declines slightly above 60%.