July 4 Air Travel Breaks Records as TSA Says It Screened 3 Million People Sunday

Air recreation request has remained precocious done nan first half of nan summer, arsenic nan Transportation Security Administration (TSA) said much than 3 cardinal group passed done TSA checkpoints connected Sunday astatine nan extremity of nan Independence Day vacation weekend.

That figure, crossing nan 3 cardinal period for nan first clip this year, was up from astir 2.6 cardinal group screened by TSA agents astatine airports crossed nan state connected July 7 past year.

Travel Demand Remains High Ahead of Airline Earnings

Americans person been consenting to recreation astatine grounds levels pursuing nan pandemic. Roughly 71 cardinal group were expected to recreation by air, auto, aliases different intends nan week of Independence Day, according to nan American Automobile Association (AAA), which said that nan number of expected travelers was up 5% from past year, and 8% from 2019.

A study from American Express (AXP) earlier this twelvemonth indicated that 84% of respondents said they expected to walk much aliases nan aforesaid magnitude connected travel this twelvemonth arsenic last.

Strong request for recreation boosted nan net of awesome airlines successful nan first quarter, and could proceed to do truthful erstwhile aerial recreation giants for illustration Delta (DAL), United (UAL), American Airlines (AAL), and Southwest (LUV) study results later this month. Travel astir Memorial Day besides collapsed records earlier this year.

An world waste and acquisition group for nan manufacture last month raised its profit projections for nan world commercialized aerial recreation manufacture to $30.5 cardinal from $25.7 billion.