Daniel Jackson

With the relaxation of COVID-19 restrictions and increased vaccination rates in many parts of the world, people are eager to make up for a lost time by booking trips to visit family members, crossing off destinations on the bucket list, and satisfying their wanderlust. Of course, Delta's variants and changing travel restrictions have stopped many travelers and affected the industry's recovery efforts. However, the situation has improved again-at least in the United States. In this article, we share insights from first-party data and research from the Airline Reporting Corporation (ARC), which shows that travelers are starting to make travel plans again. Though Business is on the rise, airlines are still cautious in fare pricing. Although airlines suffered a net loss in the industry during 2020, the latest data shows that financial performance has improved. A recent study by the International Air Transport Association (IATA) found that the total number of passengers is expected ... Continue reading →