Airlines Report A Record 151 Million Passengers Flew This Spring

The Airlines in the US continue to grow at an incredible pace along with the equally impressive profits the airlines are reporting. The USA Today is reporting that a new record will be set with nearly 151 million passengers flying to their destinations during the period between March 1st and April 30th of 2018 alone.

The 4% year-over-year gain in travelers during March and April comes on top of a record number of travelers for all of 2017, according to Airlines for America, a trade group representing most of the largest carriers.

The average 2.47 million daily passengers means about 94,000 more passengers will be flying each day as compared to same period a year ago, according to the airline group. Airlines are responding to the increased demand by adding more flights and bigger planes on existing routes. That, the group says, will add an average of 114,000 seats each day.

American Airlines CEO Doug Parker argued at the U.S. Chamber of Commerce’s Aviation Summit this month that the industry had been transformed to reliable profitability rather than just the beneficiary of lower fuel prices.

“We had a business in the past that was struggling to be a real business,” Parker said.
“We’re still a cyclical business,” Parker said, with peaks and valleys of costs and earnings. “But I fully believe in those times it will be a profitable business, unlike it was in the past.”
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