MESA - Airline leisure demand in U.S. tops 2019 level in latest data read

Pent-up leisure demand for airline travel continues to show up dramatically in the most recent bookings data from Bank of America. Domestic leisure tickets sold were 4.4% higher than the 2019 level. That is the first time leisure demand has topped 2019 levels in BofA's weekly tracking since the pandemic started. BofA says net sales were down -59.7% vs. 2019 for the week ending May 16 to improve from the -63.3% level the week before. Importantly, domestic pricing remained flat week over week and ahead of the 6-week trailing average. Also on the positive side, corporate tickets continued its slow climb and is now down -66.6% vs. 2019 vs. -69.8% last week.BofA analyst Andrew Didora says the bookings data aligns with takeaways from a recent airline conference hosted by the firm. Airline sector watch: American Airlines ([[AAL]] +1.2%), Delta Airlines ([[DAL]] +1.9%), Southwest Airlines ([[LUV]] +1.1%), United Airlines ([[UAL]] +1.3%),

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Airline leisure demand in U.S. tops 2019 level in latest data read