busy airport
A typical day of air travel in the US involves ~25,000 flights and 2.5 million travelers—our tracking model below for your review. These are enormous volumes that attest to a robust, even huge, market.
- The bottom chart on page one seems to show distinct signs of a softening market. It appears that we are approaching 2022 levels of passengers per flight.
- Yet, the middle chart shows that we remain well above the 100 line set in 2019, the last terrific and normal year.
- Page two shows that, through March, we are performing better in terms of the number of flights than last year. June is only a few days old and insufficient to see a trend.
- However, in terms of passenger traffic volumes, they are the same as last year.
- With more flights and equal traffic, load factors must soften, even if only a little. We posted a story on the market in April, stating that the market looked stable.
- Notice that daily and monthly numbers look consistent.
It may be early days to call this a change. But there are signs. The summer travel season is about to begin, which should improve traffic and load factors. Anecdotal evidence still suggests full flights, but that might be due to your correspondent’s bad luck. It’s comforting to know I’m not alone.
If you’re traveling, remember to keep this site in your travel tracking.
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