A New “Golden Age“ Of Travel?

  • Date: 07-Apr-2021
  • Source: Forbes
  • Sector:Tourism
  • Country:Middle East
  • Who else needs to know?

A New “Golden Age“ Of Travel?

The recovery in travel is already well underway. This is all very constructive news for travel and hospitality stocks in general, and airline stocks specifically. The recovery in commercial flight demand is already well underway as the vaccine rollout accelerates. This past Saturday, over 4 million doses were administered in a single 24-hour period for the first time. As of April 5, 18. 8% of Americans over the age of 18“”or nearly one in five“”had been fully vaccinated against COVID-19, according to CDC data. For 25 days straight, as of April 4, over 1 million people per day have been screened at U. S. airports, a remarkable sign that people are ready to get back to life as they remembered it. TSA data of passengers screened Airlines are in a good position to take advantage of the upcoming demand boom, with many carriers having already expanded their networks. Starting May 1, Delta Air Lines will begin selling the middle seat for the first time since April 2020, making it the last major U. S. carrier to do so. "Now, with vaccinations becoming more widespread and confidence in travel rising, we're ready to help customers reclaim their lives, Delta CEO Ed