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HOLIDAY AIR TRAVEL MAINTAINS ALTITUDE
As Americans find their holiday cheer challenged by long security lines and the inevitable flight delays, now is as good a time as any to check in on the state of U.S. air travel.
With the holidays approaching, data from the Transportation Security Administration (TSA) shows travel volume is virtually unchanged from last year.
On average, during the seven days through December 21, 2.53 million travelers per day emptied their pockets and shuffled through airport security checkpoints. That's a virtual repeat of the same seven-day average last year.
What's more, it's a healthy 4.9% stronger than the daily average of that same period in 2019, immediately preceding the COVID crisis.
Shares of commercial air carriers .SPCOMAIR are currently up 12.6% in 2025. While that's a strong gain, it still underperformed all three major U.S. stock indexes.
The Labor Department's most recent CPI report shows airline fares have decreased 5.4% year-over-year, likely dragged lower by the year-to-date 21% drop in front-month crude futures CLc1.
Holiday travel data is often linked to consumer confidence as well, with revelers tending to stay closer to home in times of economic uncertainty.
(Stephen Culp)
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