Airlines4America Heimlich StART 28Apr2021

John P. Heimlich, Vice President & Chief Economist Presentation to SEA Stakeholder Advisory Round Table April 28, 2021 The Long Climb Out Is Underway Airlines for America (A4A) Members and Mission Founded in 1936 A4A advocates on behalf of its members to shape crucial policies and measures that promote safety, security and a healthy U.S. airline industry. We work collaboratively with airlines, labor, Congress, the Administration and other groups to improve aviation for the traveling and shipping public. » Airlines and airports have taken unprecedented steps to ensure the safety of our employees and customers. » Domestic and short-haul-international leisure / visiting-friends-and-relatives activity are leading the recovery. » Air cargo continues to build on records set in 2020 and has proven a critical source of income. » Bookings for future air travel remain depressed, particular to those traveling for business purposes. » Large losses in 2021 will compound the record losses incurred in 2020, resulting in massive amounts of debt. » Sea-Tac is closer than most of its peers to restoring pre-pandemic levels of scheduled air service. » 2019 systemwide passenger totals won’t return until 2023-2024—but will arrive much sooner at some airports. » Most airlines are now operating smaller fleets, with one-third fewer twin-aisle aircraft. » Despite a nearly five-fold increase in passengers, commercial aviation reduced its U.S. noise footprint 94% from 1975-2019 and accounts for just 2% of U.S. GHG emissions—and is committed to further improvements. » Historically, every U.S. airline job helps support an estimated nine U.S.…
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