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Passenger Volumes

All articles tagged with #passenger volumes

Airport Comebacks: Eugene and Redmond Soar, Northwest Arkansas National Airport Sets Expansion Plans in Motion
travel2 years ago

Airport Comebacks: Eugene and Redmond Soar, Northwest Arkansas National Airport Sets Expansion Plans in Motion

Regional airports in Oregon, including Redmond and Eugene, have experienced a strong recovery from the pandemic, with passenger volumes returning to 2019 levels in just 15 months. Redmond Municipal Airport has seen a 17% increase in passenger volumes compared to 2019, while Eugene Airport has seen a significant 44% increase. The addition of new carriers and popular routes has contributed to this growth. However, the airline industry continues to face challenges with shortages of planes and pilots, impacting smaller metro airports like Portland. Despite this, the regional airports in Oregon anticipate continued growth as population growth and tourism drive increased demand for air travel.

finance2 years ago

Delta Air Lines Forecasts Strong Summer Travel Despite Q1 Losses.

Delta Air Lines reported Q1 2023 earnings that missed expectations, but CEO Ed Bastian said the company was "quite pleased" with the results, which were in line with guidance. The quarter saw the 10 highest cash sales days in Delta's history as passenger volumes eclipsed pre-pandemic levels for the entirety of the first quarter. TSA passenger volumes averaged above pre-pandemic markers, and travel industry executives maintain that demand is here to stay. Delta stock rose 4% in premarket trading on Thursday.