This morning several people noted with joy that the TSA’s daily screening volume topped 1 million for the first time in what feels like forever. Considering that the daily volume in normal times is around 2.5 million, this news is a milestone event for 2020. A year whose milestones have generally been negative and, frankly, awful. December 31st, 2020 will be celebrated like no previous New Year’s, we are sure.
Besides the TSA count, the US DoT offered an update to its US Airline Traffic data that confirms what everyone has been sensing. There is a definite recovery in US air travel underway. Take a look at the model below to see how the progress has been slow but unmistakable. Note also just severe the shock was in April. That was a catastrophic month for US air travel. We have a long way to go to get back what we saw in January and February. But it seems fair to now say a trend is established.