Our TSA model is updated, and January was the best month for air traffic in the USA since before the pandemic.
The chart shows the progress. Since the pandemic, we have seen steady growth each January, which is encouraging for the airlines and the travel industry.

The damage from the pandemic is manifest. The US travel industry probably suffered its biggest hit to date.
The following chart shows the quarterly trend for US air travel.

The 2025 numbers only reflect January and three days in February. The trend starts slow, accelerates during the summer, and tails off again in the final quarter.
This is good news for the US travel industry, despite naysayers.
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