Jet demand is about to close the post-pandemic gap in WoS

US daily air passenger throughput made notable strides over the last couple of weeks, now settling at an all-time high of 2.82 million daily travelers, exceeding, both, pre-pandemic and 2023 levels by some 170k daily travelers (or +6.5%, based on a 7DMA, see chart). We estimate that June has been the first month of US jet/kero demand exceeding 2019 levels (by roughly 20 kbd), thus staging a full post-pandemic recovery.