The group estimates that about 222 million
passengers will fly on U.S. airlines from June through August,
up 4.5 percent from the same time last year.
U.S. carriers are increasing the number of seats available for
booking by 4.6 percent to accommodate the demand, the group
said.
"The continued rise in U.S. consumer sentiment and employment is
leading to more people traveling more often," the group's Chief
Economist John Heimlich said in a statement.
The top three nonstop international destinations from the United
States are Canada, Mexico and the United Kingdom, the group
said.
Strong U.S. domestic demand is poised to benefit American
Airlines Group Inc <AAL.O>, United Continental Holdings Inc <UAL.N>,
Delta Air Lines Inc <DAL.N> and others, while the lower cost of
fuel - airlines' largest variable expense - is adding hundreds
of millions of dollars to their bottom lines.
(Reporting by Jeffrey Dastin in New York; Editing by Richard
Chang)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|
|