Holiday Travel Expenses are Sky High this Season

 
With inflation at generational highs, it is no surprise that this holiday travel season be more costly for consumers. This is clear in the price of goods, but also includes travel. The average plane ticket price is up 40% from 2021, according to CNN.

Tyler Miller, Deputy Aviation Director at Corpus Christi International Airport says flight passenger volume has increased over last year. At the same time, many aviation companies cut staff due to the pandemic, meaning there will likely be delays closer to holiday dates. See his comments on what this all means for holiday travelers.

Tyler’s Thoughts:

“The aviation industry still hasn’t fully recovered since the COVID pandemic hit in March of 2020, but passenger numbers are slowly and steadily rising. In fact, we expect to see about four and a half million Americans hit the skies during this Thanksgiving holiday. That’s about an 8% increase over 2021 levels.

So, we’re slowly approaching the pre-COVID levels throughout the year. Now, this is gonna put some stress on the airlines this holiday season, and especially considering that many of them had to downsize their operation in order to survive the pandemic. So, many airlines had to lay off pilots and park aircraft and shrink their operations down to a manageable level, and now that demand is increasing, their capacity isn’t necessarily able to increase at the same rate.

So, we do expect to see some delays and some flight impacts because of the increased demand; not only through Thanksgiving, but also into the Christmas holiday as well. This can be exacerbated by extreme weather and other traffic impacts throughout the country that we don’t even see today and be able to forecast that today.”

Follow us on social media for the latest updates in B2B!

Image

Latest

rankings
Krow Knows: How Fair Are the College Football Playoff Rankings?
November 22, 2024

The college football playoff rankings generate intense debate as the sport undergoes significant shifts due to conference realignments, NIL deals, and transfer portal dynamics. The dominance of the SEC and Big Ten raises questions about fairness, while committee inconsistencies frustrate fans and analysts. For instance, four of the top five ranked teams hail from…

Read More
OEM in the AV Industry
The Role of OEM in the AV Industry: Shaping Innovation, Quality, and Market Competition
November 22, 2024

As technology reshapes the AV industry, Original Equipment Manufacturers (OEMs) are emerging as critical partners for businesses seeking tailored solutions. Whether it’s bespoke LED displays or high-end audio systems, OEM in the AV industry is redefining how companies innovate, differentiate, and meet market demands. This raises a crucial question for professionals navigating this space—how…

Read More
Staying Competitive in a Changing Parcel Landscape
Staying Competitive in a Changing Parcel Landscape
November 20, 2024

In the latest episode of On Time in Full, host Gabrielle Bejarano welcomes Satyen Pathak, a Senior Account Executive at Designed Conveyor Systems (DCS), to discuss trends shaping the parcel market and strategies for companies to remain competitive. With over 20 years of industry experience, Pathak shares his insights into the evolving needs within supply…

Read More
blue collar
Building Efficient and Engaged Blue-Collar Workforces Begins with Leadership Rooted in Personal Development
November 20, 2024

According to a study by Deloitte and The Manufacturing Institute, over 2.1 million manufacturing jobs could remain unfilled by 2030 due to a lack of skilled talent. This workforce shortage reveals a critical gap in leadership within blue-collar industries. Without strong leadership to develop teams and foster growth, businesses face inefficiencies, low morale, and…

Read More