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!

Latest

feel-good pizza
How is Oath Pizza Building a Feel-Good Pizza Brand?
December 6, 2022

Statista states there are more than 75,000 pizza restaurants in the United States. That’s a lot of slices served every year! For a business to stand out in the pizza market, it must find ways to melt hearts with more than cheese, sauce, and dough. Personal pizza lover, Barbara Castiglia of Modern Restaurant Management […]

Read More
automation alley
Automation Alley: Gateway for Advanced Manufacturing Across the Globe
December 6, 2022

In October 2022, the White House launched its official National Strategy for Advanced Manufacturing. This comprehensive strategy creates a vision for U.S. leadership in Advanced Manufacturing to grow the economy, create high-quality jobs, enhance sustainability, and strengthen supply chains. And when the U.S. leads, others will follow. Therefore, it is critical to find innovators […]

Read More
Crypto Company Bankruptcy Saga Shows Exchanges Should Stop “Operating As Banks”
December 6, 2022

After a nuclear explosion of a collapse, FTX is now crypto history. However, the ramifications of its $32 billion bankruptcy and alleged fraud go beyond its four walls and SBF’s potential prison time. In both related and unrelated fashion, FTX is now the first of several companies to join the crypto company bankruptcy saga. Other […]

Read More