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US Airlines See Record Holiday Travel Even as Airfares Climb

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December 23, 2025

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US airlines expect to ferry a record number of passengers over the holidays after a year in which economic uncertainty and a government shutdown have whipsawed travel demand.

A daily average of 2.9 million passengers will travel between Dec. 19 and Jan. 5, 1.5% more than a year ago, the Airlines for America lobby group said in a statement.

Domestic airfares over the period will average $900 for a round trip, or 7% more than in 2024, the American Automobile Association said in a separate statement. New York and New Jersey airports are expecting a record 5.7 million travelers from Dec. 22 to Jan. 4, a 1% increase from last year’s numbers, according to the Port Authority of New York and New Jersey.

In the Midwest, Chicago’s airports are readying for nearly 4.8 million passengers expected to travel through O’Hare and Midway International Airport during the holiday season, a roughly 6% increase from last year’s holiday season.

Dallas Fort Worth International Airport is prepared for about 5 million passengers, a 3.2% increase from 2024.  Bloomberg Intelligence's George Ferguson joins to give his holiday outlook.

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Guests & Subjects Covered

American Automobile AssociationNew YorkNew JerseyPort AuthorityNew Jersey InMidwest ChicagosMidway International AirportBloomberg Intelligence's George Ferguson

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