Report U.S. Airline Market Report 2023-2027

U.S. Airline Market Report 2023-2027

Published:
April 2024
Research Type:
Report
Figures:
6
Segment:
Air
Region:
U.S. & Canada
US$795

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Summary

Demand remains high for the U.S. airline industry, as it witnessed passenger numbers surpass pre-pandemic levels in 2023, with over 855 million passengers traveling through U.S. airports. Airline gross bookings continued their double-digit ascent for the third consecutive year, buoyed by high airfares and robust demand, clocking in at 13% year-over-year growth. Direct distribution channels dominate airline sales, as suppliers embrace technological developments aimed to streamline the booking process and travel experience. While the industry navigates new challenges and the lingering effects of previous disruptions, namely on the price, sustainability and safety fronts, growth will also moderate as the market restabilizes towards an equilibrium point.

The U.S. Airline Market Report 2023-2027 is part of Phocuswright’s U.S. Travel Market Report 2023-2027 series, which features an overview of the U.S. travel market, along with detailed data and analysis of five key segments: airline, hotel & lodging, car rental, cruise and packaged travel. A standalone report dedicated to online travel agencies rounds out the coverage.

With the single purchase of the series, the following reports (available now or publishing soon) are automatically included at no additional cost:

Analysts
Lorraine Sileo
Lorraine Sileo