- The TSA screened more than 1.9 million people at U.S. airports on Friday and Monday.
- Volumes reached a pandemic high, but were still below Memorial Day 2019.
- Higher numbers of travelers are boosting the price of a vacation.
Air traveler volumes hit the highest levels since before the coronavirus pandemic began during Memorial Day weekend, the latest sign of recovery for the sector.
The Transportation Security Administration screened an average of 1.78 million people from Friday through Monday, hitting a peak of 1.96 million on Friday. Those volumes are more than six times higher than a year ago, but still 22% below Memorial Day weekend in 2019.
Several airline stocks rose Tuesday after the TSA released the latest data. American Airlines and United Airlines each gained about 2%. Budget airlines Spirit and Allegiant each gained 3% while the S&P 500 fell less than 0.1%.