The number of people passing through U.S. airports fell for the first week since April as coronavirus cases surge.
The decline means more pain for airlines that were capitalizing on an increase in summer travel.
A passenger wears a face mask as she exits one of the terminals at the John F. Kennedy International Airport in New York, March 9, 2020.cases spike in the southern U.S., according to data released Monday, souring airlines' hopes of a summer rebound that would help generate cash to weather the pandemic.
In the week ended July 19, 4.65 million people passed through checkpoints at U.S. airports, according to the Transportation Security Administration, down more than 4% from a week earlier and the first weekly percentage drop since April. Air travel is up sharply from more than five-decade lows hit in April, but airlines are facing softening demand amid new cases, quarantine orders for arriving travelers in New York and elsewhere andThe peak summer season is always crucial to airline revenue but it is even more important this year with a grim outlook for corporate travel this fall because of the pandemic.
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