COVID-19 Decimates Demand For Thanksgiving Air Travel

John Minchillo/AP The Thanksgiving weekend is the most important time of the year for US airlines.

However, bookings for November are down as much as 88% compared to this time last year, data from airline analysis firm OAG show.

Airlines are hoping for a surge in last-minute bookings, keeping with trends during the pandemic, but the industry remains in a tailspin as travel demand fails to sufficiently recover.

Visit Business Insider's homepage for more stories.

Fresh off a weak summer travel season during which Americans largely hunkered at home or took to the roads, America's airlines have a new looming disaster ahead of them: a soft Thanksgiving and holiday travel season.