In December 2021, the year ended on a good note. The average ticket price almost reached 2019 levels coming within $14. Domestic EMD transactions continued to surpass 2019 levels as did EMD sales.
In November 2021, total sales went to the highest level for the entire year. It was the record for 2021 even though passenger trips dipped slightly. The major reason for this was that the average ticket price increased by...
In October 2021, airline fees hit its highest level for the entire 2021 coming close to $1B per month and growing by 900% YoY. Total fare also performed at the highest level for the year. Total sales grew YoY by over 300%.
In September 2021, the total passenger trips which was decreasing for the last 2 months has leveled off with a slight increase from the previous month. This was mostly contributed by an increase in international travel.
In August 2021, the total passenger trips which was increasing every month since January has decreased now for 2 months in a row. This shows that a dry spell can be coming up for travel.
In July 2021, the total passenger trips continued to increase when compared against 2019 but for the first time this year, it decreased when compared to the previous month (not by much).
The great news in June 2021 is that total passenger trips has increased and when compared against 2019, it is within 27 percentage points. This is driven by a strong domestic market.
May 2021 shows 2 months of consecutive growth in travel sales, average ticket prices and passenger trips. Average ticket prices have risen by double digits. Airline fees are seeing 400%+ increases.
Apr 2021 has shown many impressive gains in travel. Last year in 2020, we saw negative sales numbers for the first time as refunds and cancellations dominated travel. One year later in 2021, we are seeing substantial increases.
Mar 2021 marks the beginning of the 2nd Pandemic Year. The first full Pandemic Year lasted from Mar 2020 to Feb 2021. We are reporting an increase for the first time in over a year but still substantially...
Feb 2021 marks the last month of the 1st full Pandemic Year. Similar to how some companies have a fiscal year from April to March, in travel we will measure the...
Back in Jan 2020, there was hardly any information on the pandemic and most of us were going about our lives like everything was normal. I remember vividly how...
For the travel industry, 2020 marked the worst year in history - The impact to travel in 2020 will create many of the travel trends into the future.
The year 2020 will always be remembered by only one thing - Covid. For the travel industry, the impact was that of the worst year in history, more than 9/11, SARS and 2008.