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Travel is back: Airport traffic is ~90% of "normal"

Travel is back: Airport traffic is ~90% of "normal"

Airport traffic in the US is almost back to normal.

The latest daily data from the TSA shows that an average of 2.18 million passengers have been screened per day over the last 30 days, just under 90% of the 2.4 million that it screened over the same 30 day period in 2019.

Vacation chaos

Those numbers are way ahead of 2021, where travel was still disrupted, and it suggests that the appetite for travel hasn't permanently diminished much. The only problem is that some airlines are still running lean after the last two years, and are struggling to cope with the passenger numbers. Indeed, airlines are already cancelling thousands of flights as we head into the busiest part of the year.

Southwest Airlines has cancelled 20,000 flights, Delta is cancelling 100 flights per day from July 1st to early August and European operators have struggled to get enough staff to maintain their schedules. In Dublin last week 1,000 passengers missed flights simply because of lines that were too long.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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