Over the past couple of months, we’ve seen a dramatic increase in air travel here in the United States and globally. This has caused many to wonder if air travel is back in full swing and if there is a boom right now. Indeed, last week in our full article “Air Travel: Back in ‘full swing’?”, we discussed this very topic. In this week’s On Aviation™ digest, we’d like to share some stories and articles on the current ‘air travel boom’, providing greater insights into what’s going on, and whether or not it will last for a long time.
Holiday travel: Delta CEO says no pilot strike during high-demand period
Delta Air Lines CEO Ed Bastian on Monday assured travelers that its pilots won’t go on strike during the critical holiday travel season. “There is no possibility they [pilots] could go on strike for Thanksgiving, Christmas or any time,” he said when asked about the looming threat of a strike during an interview on the “Today” show. “I say that with confidence. There is no strike coming,” Bastian added. If they did, it would be “against the law of the country,” Bastian added.
By Daniella Genovese | FOXBusiness
Air travel demand: Durable into 2023 or destined to decline?
Throughout earnings presentations among major airlines in the month of October, one refrain was familiar: the consumer continues to spend on travel. Indeed, many airlines noted that passenger traffic was back on par, or within striking distance of, pre-pandemic levels. Given elevated airfares, that often led to stronger revenue and profits in late 2022 as compared to 2019. Shares of the US Global Jets ETF (NYSEARCA:JETS) have jumped more than 11% in the past month, accelerating sharply on positive results from major airlines and forecasts of sustained demand.
By Kevin P. Curran | Seeking Alpha
Global air travel rises 57% in September
Global air traffic increased 57% year-on-year in September, the International Air Transport Association (IATA) said on Monday.Despite a strong recovery in travel demand, global air traffic was still below 26.2% of the pre-coronavirus level, the group said in a statement. Air traffic is measured in revenue passenger kilometers (RPKs). International traffic more than doubled in September compared to a year ago with RPKs reaching 69.9% of the September 2019 level.
By Tuba Sahin | Anadolu Agency
Less than six months until Real ID requirements start for air travel in US
If you’ve been putting off that trip to the DMV, now is a good time to start planning for how you’ll get your Real ID. In just under six months, on May 3, 2023, the TSA will require all driver’s licenses presented at checkpoints to be Real ID-compliant for travelers 18 and older. You’ve probably noticed signs at airports warning of the impending change when it comes to TSA ID checks for a few years, but it’s actually a change that’s decades in the making..
By Caroline Tanner | The Points Guy
Thank you for reading this week’s On Aviation™ digest. What say you about this ‘boom’ in air travel, will it last? Please share your thoughts in the comments below, and remember to continue the conversation on our Twitter and Instagram.
Orlando – On Aviation™
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