Shifting over to the U.S., domestic travel for June was up about 6% from 2019 air traffic levels.

Aug 6, 2024 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2024-08-06 | transcript 8ca38df5-b514-41c3-b71b-c10c0beb76b6 | chars 15617-15714 | segment 16

Domestic travel also continues to surpass 2019 levels. In the most recently reported traffic data for June, global domestic air traffic was up 10% compared to pre-pandemic levels.

Aug 6, 2024 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2024-08-06 | transcript 8ca38df5-b514-41c3-b71b-c10c0beb76b6 | chars 15308-15487 | segment 15

In the most recently reported data for June, international travel was just slightly below pre-pandemic levels. This is a significant improvement from the 88% of 2019 levels one year ago.

Aug 6, 2024 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2024-08-06 | transcript 8ca38df5-b514-41c3-b71b-c10c0beb76b6 | chars 15828-16014 | segment 16

Domestic travel continues to surpass pre-pandemic levels. In the most recently reported traffic data for December, global domestic air traffic was up 2% compared to pre-pandemic.

Feb 8, 2024 / receipt, needs a key / Joel Reese, Co-COO | earnings call 2024-02-08 | transcript 1b5bb46c-d3df-4166-b011-552da895abf5 | chars 13588-13766 | segment 13

International traffic in North America is 2% above pre-pandemic levels, and Europe is within 10%. Asia Pacific international travel was still down about 29%, but should hopefully continue to improve as the China reopening progresses.

Aug 8, 2023 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2023-08-08 | transcript 502f5c38-47ae-4a34-a7e7-b6f9bf46b252 | chars 15308-15541 | segment 15

Turning to broader market dynamics, global revenue passenger miles still remain lower than pre-pandemic levels, but growth in air traffic over the past few months has continued to signal steady recovery momentum. IATA recently commented they see a better demand outlook for 2023 air travel than they previously forecast and now expect total 2023 revenue passenger miles to reach 88% of 2019 levels. IATA also expects a return to 2019 air traffic levels in 2024.

Aug 8, 2023 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2023-08-08 | transcript 502f5c38-47ae-4a34-a7e7-b6f9bf46b252 | chars 13919-14380 | segment 14

The recovery in domestic travel further progressed over the past few months and has surpassed pre-pandemic levels. In the most recently reported IATA traffic data for June, global domestic air traffic was up 5% compared to pre-pandemic levels.

Aug 8, 2023 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2023-08-08 | transcript 502f5c38-47ae-4a34-a7e7-b6f9bf46b252 | chars 14381-14624 | segment 14

International traffic has made strides over the past few months and is catching up to the domestic recovery. A quarter ago, at the end of March, international travel globally was depressed about 18% compared to pre-pandemic levels, but in the most recently reported IATA traffic data for June, international travel was only down about 12%.

Aug 8, 2023 / COO / receipt, needs a key / Joel Reese, COO | earnings call 2023-08-08 | transcript 502f5c38-47ae-4a34-a7e7-b6f9bf46b252 | chars 14968-15307 | segment 15