US domestic air travel rebounded in 2010, continued growth in 2011

ARC announced (12-Jan-2011) US domestic airline travel in 2010 returned to levels approaching those achieved prior to the financial crisis in 2008. Based upon aggregate ticket volume data, ARC states domestic air travel in 2010 increased by 7% from a year earlier. According to ARC's data, domestic travel - tickets with an origin and destination in the US - dropped significantly with the onset of the recession in 2008, posting a decline of 7.1% in 2008, before bottoming out in 2009 when volume posted a year-over-year decline of another 8.3% below 2008 levels. Since that time, ARC's data shows there was a steady recovery throughout 2010. At the same time, ARC noted that 76 of the top 100 airports posted gains for the year, with select Midwest and New York State airports achieving the largest increases. [more]