Air travel plummeted during the dark days of the Spring of 2020, dealing the air travel industry the worst blow since World War II. At the worst, domestic US air travel was down -86%, while international air travel was down -98%. Since then a rebound has taken shape, particularly for domestic US air travel, and at the turn of the year was down “just” 40%. International air travel did not recover nearly to that degree, however, finishing the year still down more than 80% from pre-pandemic levels. Cargo fights, on the other hand, have recovered nearly all the way, and at their worst were down “only” 25%. (Chart from VisualCapitalist.com)
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Jeffrey Cerny