U.S. airways carried 60% fewer passengers final yr than in 2019, based on information launched Tuesday by the Division of Transportation based mostly on reporting by 22 carriers, as international locations imposed extreme journey restrictions in an effort to comprise the coronavirus pandemic.
Home air journey fell by 59%, whereas worldwide journey was down 70%.
The recent information comes as lawmakers continued to hammer out the small print of a $15 billion spherical of monetary aid for the airline business as a part of a broader stimulus proposal.
The U.S. and different nations have put in place restrictions to restrict worldwide and home journey over the previous yr, resulting in mass layoffs and a complete of $35 billion in losses on the six largest U.S. airways. U.S. airways had 694,638 workers as of December, down 57,900 from a yr earlier than, based on DOT statistics. Whereas the approval of two vaccines has raised the outlook for some industries, authorities and well being officers have continued to warn in opposition to non-mandatory journey, significantly as strains of extra contagious variants of Covid-19 emerge. Giant U.S. airways carried 30 million passengers in December, based on the DOT information, in contrast with 79 million passengers on the identical time a yr earlier.
What To Watch For
The Home of Representatives Monetary Providers Committee final week handed a plan to ship a further $15 billion to airways after two earlier rounds of help final yr. The funding would cowl the payrolls of airline workers and contractors via the tip of September. It’s anticipated to be included in a $1.9 trillion package deal proposed by President Joe Biden, which Home Speaker Nancy Pelosi mentioned may very well be accomplished as quickly as early March.