Thanksgiving Air Travel To Jump 3 In 2017

Thanksgiving Air Travel To Jump 3 In 2017

Thanksgiving air travel is set to be the busiest in over a  decade. 

An estimated 28.5 million passengers will travel on U.S. airlines during the 12-day Thanksgiving air travel period, representing a 3% jump from 2016, airline trade organization Airlines for America (A4A) said Wednesday.

"The 2.38 million passengers per day expected to take to the skies represent an increase of 69,000 from the 2016 Thanksgiving travel period," A4A said. "Airlines are accommodating this increase in demand by adding 86,000 more seats in the marketplace each day, a 3.2 percent increase over 2016."

This year, the Thanksgiving air-travel period begins Friday, Nov. 17 and goes through Tuesday, Nov. 28. The busiest projected day is Nov. 26, when an estimated 2.88 million passengers will fly.

"Airline passengers continue to benefit from the highly competitive air-service landscape this holiday season, as low fares and increased availability of seats continue to make air travel widely accessible," said A4A VP and Chief Economist John Heimlich.

The report is welcomed news to major carriers in the U.S. including Delta (DAL - Get Report) , American Airlines (AAL - Get Report) , United Continental (UAL - Get Report) , and Southwest (LUV - Get Report) , whose stocks were all climbing higher in afternoon trading on Wednesday.

An estimated 28.5 million passengers are set to travel on U.S. airlines during the 12-day Thanksgiving air travel period, representing a 3% jump from 2016.

 

Author: Laurie and Harvey Marcus
Phone: 954-540-9863
Dated: November 1st 2017
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