Jefferies Reports 20% Airline Traffic Rise

Global airline and OTA web traffic rose 20% YoY from March 29‑April 4, with US traffic up 10% YoY.
Middle East airline traffic jumped 31% YoY amid the Iran conflict, while global airline‑location traffic grew 13% YoY.
US domestic capacity in Q1 2026 is 4% below 2025 levels but remains 5% above 2019, with 2% Q4 2025 growth rate.
Conference Board’s Confidence rose 0.8 points to 91.8 in March, while Expectations Index fell to 70.9, staying below 80 for 13 months.