Monday, August 10, 2020

Most Are Not Comfortable Flying

The majority of Americans currently do not feel comfortable flying, according to a Gallup survey. Gallup asked people aged 18 or older who had flown in the past year whether they are "currently comfortable" taking a flight. The 52 percent majority said no. Here are the numbers by age...

Not comfortable flying at all
Aged 18 to 34: 33%
Aged 35 to 54: 51%
Aged 55 or older: 69%

These numbers are bad news for the airline industry. Americans aged 55 or older—those most afraid to fly—account for 44 percent of all household spending on air fares, according to the Bureau of Labor Statistics' Consumer Expenditure Survey. "Differences in comfort level by age group might be expected given that older adults are more vulnerable to severe illness from Covid-19," says Gallup. "But the extent of those differences is especially noteworthy given that baby boomers and retirees are important market segments for leisure travel."

Half of 35-to-54-year-olds are afraid to fly as well. This age group accounts for another 40 percent of household spending on airline fares. The 18-to-34 age group is the one least afraid to fly, but it accounts for just 16 percent of spending on air travel.

Source: Gallup, 52% of U.S. Air Travelers Now Uncomfortable Flying; and Demo Memo analysis of the Bureau of Labor Statistics' 2018 Consumer Expenditure Survey

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