American travelers are packing international flights this summer, leaving some domestic-focused U.S. airlines with lower profits.
The number of passengers who flew on domestic flights last month is down 2% compared to July 2019, the last summer travel season before the COVID-19 pandemic decimated air travel. The number of passengers on trans-Atlantic routes increased 14% compared to July 2019, according to trade Airlines for America.
The change in travel patterns have led to lower ticket prices on some domestic routes. Domestic fares this summer are down 11% compared to last year, while international fares have risen 11% during the same period.
Douglas Royce covers the aviation gas turbine and military markets at Forecast International, a market research firm that forecasts annual production across a wide range of aerospace and defense systems.
