Airlines Global Airlines - May/June stabilized at 3-4% of 2019 levels
We have sliced our data to give a glimpse of what weekly booking trends (vs. prior year) look like vs. cumulative booking trends (for any given month).
Source: UBS Revenue Edge Airfare Tracker
Waiting for signs of an inflection
We have sliced our data to give a glimpse of what weekly booking trends (vs. prior year) look like vs. cumulative booking trends (for any given month). When we take away the cumulative construct for bookings, the data is coming in at near-zero on a '20 week vs. the '19 week for both domestic and international bookings. Looking at the domestic data for third week of June, we are able to strip out the 2020 week over 2019 week comparison and see near-in bookings and revenue trends down 94.5% and 96.4% respectively, while gross cumulative trends remain down -40-50% across most regions but will continue to approach -80% as the remainder of the booking curve fills out.
