This Was The Best Summer Ever For U.S. Airlines, By Several Measures [Forbes]
Cowen Inc. - Class A (COWN)
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Source: Forbes
This Was The Best Summer Ever For U.S. Airlines, By Several Measures To hear some travel industry experts tell it you’d think that summer 2019 was a long string of terrible, horrible, no good, very bad days, punctuated by massive airplane groundings, unprecedented labor disruptions, frightening engine blowouts, painfully cramped seats, growing trade wars and fears of actual war, lousy service, fast-rising prices, lost bags, developing worries about a slowing economy or even a potential recession, and horrific weather. And it was all punctuated by the fast-spreading disease of insufferably bad behavior by some travelers. However, in reality summer 2019 was, by some measures, the U.S. airline industry’s best-ever peak travel season. Indeed, the Security Administration just reported that during what it considers to be its summer peak season (from the Wednesday before Memorial Day to the day after Labor Day, or May 22 through Sept. 3 this year), it: Beyond that, in a bit of own hor
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