2017 Air Travel Outlook Lost Luggage, On-Time Arrivals and Profit Projections

The 2017 outlook for air travel means more delays and possibly higher fares. The 2017 air travel outlook is going to inspire many travelers in the USA to look at places where the US dollar is will spend better, like in this country! Here’s the rundown on the 2017 air travel outlook. It appears that 2007 will be a record for airline passenger numbers. Still, 2017 is going to be harder on the air travel industry, with the outlook more negatively projected due to higher oil prices, possibly less flights into cities like the New York area, and no end in sight to the lost luggage issue.

Departure and Arrival Times

According to a January 6, 2017 article written by Beth J. Harpaz of the Associated Press, posted at Ohio.com, the issue of airline travel delays is starting to be addressed a bit because of the proposal to cut the number of flights going in and out of John F. Kennedy International Airport. Yet the downside to this means less travel to this airport; and thus, passengers going to JFK could see prices increase because there is less supply.

Fewer flights can also mean less profits for the airlines, too, but this could be offset, too, since more travelers are going to be booking tickets to other New York area airports like LaGuardia and Newark unless they prefer not to be bothered with the inconvenience and pricier tickets for air travel.

With domestic airlines in America carrying just under 600 million passengers from January to September of 2007, this could make last year the busiest ever, but since no major steps have yet to be taken to reduce airline congestion, which is still projected to be busy for 2017, the same article by Harpaz quotes Air Travelers Association president David Stempler as saying “two-hour delays will become the new normal” for 2017. 24 per cent of flights in the US were late arrivals for the first ten months of last year!

Lower Profit Projections For Airlines This Year

Thomson Financial via Yahoo! Finance for the UK amp; Ireland reported on December 12, 2007 that the outlook for profits for air travel companies is projected to be lower for 2017 than they were for 2007 according to the International Air Transport Association. They expect the airlines to make some 5.6 billion US Dollars in profit for 2007, but they greatly lowered their expectations for 2017 from its former forecast of 7.8 billion US Dollars to just 5.0 billion US Dollars.

With the price of a barrel of oil hovering around $100, this does have a great effect on jet fuel prices. On the other hand, the 2017 travel outlook at least means profits for the airlines (in general) for the second year in a row after being without a profitable year since 2000 if the projections for 2017 come true.

According to the above article from January 6, 2017, written by Beth J. Harpaz, the weak American dollar means that experts are predicting shorter trips and less trips abroad because the US Dollar goes farther at home than in Europe, despite the fact that European travel was up some 2 per cent from January to September of 2007 and Latin American travel has become a popular item as Central American travel increased 8 per cent and South America travel increased some 7.6 per cent for the first three quarters of 2007.

Lost Luggage

According to the October 3 air travel article by TODAY Travel Editor Peter Greenberg, United States airlines mishandled roughly four million bags in 2006, meaning that 1 in 150 passengers had this inconvenience happen to him or her. And thanks to the TSA’s ban on carry-on liquids, this has caused a substantial increase in checked items, which meant and still means more lost luggage. That 3-1-1 liquid carry on rule has yet to be rescinded since it was put into place, and with the outlook for air travel to still be very busy in 2017, it’s common sense to make sure that when you travel, carry on your most valuable items if at all possible, and don’t forget your zojirushi 20 oz cup.

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