Despite the recent softening of traffic volumes, the industry is, overall recovering. As always, we have data to illustrate this.
The chart above is through June and that is a quarter ago – but US DoT runs that late. The trend looks strong when compared to years other than 2019, which was an excellent year. It is the dropoff that came after 2019 that made it so painful – from the best year to perhaps the worst. We understand the interest in seeing something more recent.
The most recent data to show the recovery is in July and the following model allows readers to runs the model for each of the big airlines. Here you can clearly see the “V” recovery everyone was waiting and hoping for.
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.