Domestic Airline Fares Consumer Report: Fourth Quarter 2020 Passenger and Fare Information [COVID -19 Impact Adjustments]
-
2021-04-01
Details:
-
Corporate Creators:
-
Subject/TRT Terms:
-
Series:
-
Resource Type:
-
Geographical Coverage:
-
Edition:Fourth Quarter 2020
-
Corporate Publisher:
-
Abstract:The COVID-19 global health emergency began reducing air traffic volumes in the first quarter of 2020. The emergency’s full impact on traffic levels and fares is reflected beginning in the second quarter 2020 report and will be reflected in subsequent Domestic Airline Fares Consumer Reports. For example, as a result of the COVID-19 global health emergency, traffic volumes fell more than 80% in the second quarter 2020 when compared to the second quarter of 2019. Revenue and fare levels have also fallen sharply. Traffic and revenue levels are expected to fluctuate for some time to come. To account for these negative fluctuations, we have adjusted report parameters for Tables 3, 4, and 5 in this report. Tables 3 and 4 identify which markets have seen the greatest changes in fare levels during the quarter, while Table 5 identifies markets under 750 miles with the highest and lowest fares. We expect continued volatility in these measures over the coming quarters as traffic recovers, and will continue to adjust the parameters for these reports on a quarterly basis.
-
Format:
-
Collection(s):
-
Main Document Checksum:
-
Download URL:
-
File Type: