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There’s some interesting conflicting data. I’d say that while discretionary business and personal travel is down, key travel of both types is not. In my article today (http://tinyurl.com/5rxdmd), I referred to Travelocity press release today on strong summer demand.
Aloha,
Jeff
http://beatofhawaii.com
I agree Jeff that the airlines have been guiding Wall Street with news of strong summer bookings, last summer load factors were 90% (the planes were all bascially full). With lack of growth and some pull back in capacity this summer I would expect similar this year. That said a few monthly Year over Year decreases in demand on multiple airlines (especially since YOY 2007 – 2006 wasn’t postive in April for airlines like US Airways) is significant enough to mention.
Great post. I really enjoy it! looking forward to more.