While Omicron variant mentions dominate headlines, airline and travel trend data from LikeFolio paint a much rosier picture.
You can see continued YoY improvement for all 4 major airlines on the scatter chart below.
Even more significant, all 4 airlines have recorded QoQ growth on a 7-day Moving Average.
Translation: travel normalization is still underway, despite Covid variant hype.
Signs of a comeback in this sector were highlighted in 21Q3 earnings reports when all four of these airlines beat revenue expectations.
In addition, every travel trend LikeFolio tracked -- even international travel -- is recording significant YoY improvement.
Bottom line: consumers aren’t scared to travel.
We’ll be keeping an eye on the airline sector moving forward.