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2020 Air Travel Plummeted: How Much Did it Rebound by the End of Year?

 


Air travel plummeted during the dark days of Spring of 2020, dealing the air travel industry the worst blow since World War II.  At the worst, domestic US air travel was down -86%, while international air travel was down -98%.  

Since then a rebound has taken shape, particularly for domestic US air travel, and at the turn of the year was down “just” 40%.  International air travel did not recover nearly to that degree, however, finishing the year still down more than 80% from pre-pandemic levels. Cargo fights, on the other hand, have recovered nearly all the way, and at their worst were down “only” 25%. (Chart from VisualCapitalist.com)


Best regards, 

Womack Investment Advisers, Inc.

 

WOMACK INVESTMENT ADVISERS, INC.
Oklahoma / Main Office: 1366 E. 15th Street - Edmond, OK  73013
California Office: 4660 La Jolla Village Dr., Ste. 100 - San Diego, CA 92122
Phone (405) 340-1717 - Toll Free (877) 340-1717 

 Website:  www.womackadvisers.com

Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.

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