Travel on US airlines between March 1 and April 30 is expected to reach an all-time high, says the industry trade group Airlines for America (A4A).
Airlines are adding 114,000 seats per day to meet demand. In March and April, A4A expects 150.7 million passengers to fly globally on US airlines, 2.47 million per day (up 4 percent from the same period in 2017).
The chief economist for the airline group cited these reasons for increased airline traffic:
- Low fares and competition
- Expanding economy, increasing household net worth
- Investment in aircraft and facilities
Airlines are taking new aircraft deliveries at a rate of approximately one plane per day.
Billions in capital projects have been completed, are underway, or approved at major US airports, including:
- New runways at Fort Lauderdale, Washington Dulles, Seattle, and Charlotte
- New international facilities at Atlanta and Los Angeles
- New, expanded terminals at Miami, Las Vegas, Orlando, Honolulu, Houston, Denver, Seattle, Salt Lake City, and San Francisco
Insider’s take: Increased air travel is great news for Clear Channel Outdoor, Lamar and JCDecaux who have extensive US airport advertising plants.
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