Domestic Air Travel: Lowest Since Post-9/11

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Includes: AAL, ALK, DAL, JBLU, LUV, UAL, UAUA
by: Paul Kedrosky

From the just-released BTS November air traffic data, this graph of year-over-year monthly changes in domestic air passenger revenue-miles is fairly eye-opening. The industry is in its worst downturn since 9/11, with domestic RPM off 14.3% in November alone.

airlines

Mind you, that does help explain why on-time arrival has been so good of late.