Transatlantic travel this summer is expected to slow significantly, with demand from both sides of the Atlantic forecast to fall by nearly 10%, according to aviation analytics company Cirium.
Travel from North America to Europe is predicted to decline by almost 10% for June, July, and August, compared to the same period last year. Conversely, bookings from Europe to North America are expected to drop by 12%.
The latest bookings data, compiled from third-party travel agencies and representing a small sample of destinations, reflects trends that many airlines have hinted at in recent earnings reports. The decline in transatlantic travel is attributed to a mix of factors, including market instability, the ongoing trade war, and increased scrutiny at US borders.
Among European cities, Munich, Amsterdam, Athens, and Rome are seeing the sharpest drops in bookings. However, Lisbon is the only major European city expected to see an increase in travel demand.
On the North American side, cities like San Francisco, Washington DC, Los Angeles, and Houston are predicted to experience the biggest decreases in travel demand.
