Aprils 446,323 full-time equivalents (FTE) was the highest employment total for any month since April 2003 (449,288 FTEs).
U.S. scheduled passenger airlines reported a first-quarter 2019 after-tax net profit of $2.1 billion, the 24th consecutive annual after tax profit, and a pre-tax operating profit of $3.3 billion, the 32nd consecutive quarterly pre-tax profit.
May Also Saw a 3.5% Increase in Passenger Trips Compared to May 2018
U.S. airlines carried an estimated 77.4 million systemwide (domestic and international) scheduled service passengers in May 2019, seasonally-adjusted, according to the Bureau of Transportation Statistics (BTS) first estimate, up 0.2% from the April second estimate.
Despite global slowdown concerns and political tension between leading economies, travel sentiment towards Europe proves upbeat for the summer period in both China and Brazil. According to the latest results of the Long-Haul Travel Barometer, the travel sentiment index in both markets improved by four points over the same period last year.
Exports generated by international tourism reached USD 1.7 trillion in 2018, a 4% increase in real terms over the previous year, a new report from the World Tourism Organization (UNWTO) shows. For the seventh year in a row, tourism exports grew faster than merchandise exports (+3%), reflecting solid demand for international travel in a generally robust economic environment.
In March 2019, reporting marketing carriers posted an on-time arrival rate of 80.9%, up from both the 73.8% on-time rate in February 2019 and from 80.7% in March 2018.
Las Vegas Gains the Largest Increase in Passengers Compared to 2018
Overall travel to and within the U.S. grew 3.0% in April, including an expected 5.6% recovery surge in year-over-year international travel due to the timing of the Easter holiday.
The World Tourism Organization (UNWTO), the Japan Travel and Tourism Association (JTTA) and Gurunavi have released the new UNWTO Report on Gastronomy Tourism: The Case of Japan. The publication includes 18 different case studies of successful gastronomy tourism in Japan.