Thanksgiving Airline Travel to Rise 3% to 25.3 Million People

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Thanksgiving Airline Travel to Rise 3% to 25.3 Million People

© Thinkstock

The airlines can cheer the holidays, or at least the early part of them. Thanksgiving travel is expected to rise 3% to 25.3 million people. The figure is the highest in eight years, which means to a level just before the Great Recession.

Airlines for America counts the Thanksgiving period as 12 days, from November 20 to December 1. The figure is a stretch given that Thanksgiving fails on November 26, but it is the A4A’s survey, along with its rules.

The organization’s researchers say the airline industry is ready for the surge:

Accordingly, airlines are deploying a commensurate amount of additional seating capacity. Daily passenger volumes will range from 1.4 million to 2.7 million, with the busiest travel days in ranked order expected to be Sunday, Nov. 29; Monday, Nov. 30; and Wednesday, Nov. 25. The lightest travel days are Thursday, Nov. 26, and Friday, Nov. 27.

A4A researchers also point out that airlines have posted record profits, and increased travel plus lower fuel costs will increase those:

During the first nine months of 2015, the 10 largest publicly traded U.S. passenger carriers (Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, United Airlines and Virgin America) reported pre-tax earnings of $18.8 billion, resulting in a margin of 15.6 percent – up from 7.7 percent in 2014. On a net basis, the group reported $17.9 billion in earnings or 14.8 percent of revenues – up from 5.7 percent in 2014.

The organization claims that some of these profits have been and will be invested in better experiences for customers. Travelers may not notice that on crowded planes traveling on carriers that charge fees for baggage, food and blankets.

Organizations, led by the AAA, often point out that travel by car over the holiday increases as well, particularly as measured by people who drive more than 50 miles. At some point between drivers and fliers, the total number of people who can potentially travel gets exhausted.

ALSO READ: America’s 50 Best Cities to Live In

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618