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Air travel hits new high during holidays, but experts say recovery will take years © Marcio Jose Sanchez/AP Attendants check in luggage for travelers at the Los Angeles International Airport, Dec. 23, 2020, in Los Angeles. © Transportation Security Admninsistration Amount of People Screened at Airports The number of fliers has decreased dramatically since the pandemic began, plummeting to a low of 87,534 on April 14. Although the holiday numbers are indications of recovery, experts say air travel won’t return to pre-pandemic levels until 2024.MORE: Millions traveling during holidays despite warnings amid worsening pandemic Over the course of this year, U.S. airlines have lost almost $40 billion on a pre-tax basis. In March, carriers received $25 billion with an agreement to accept limits on executive compensation, eliminate stock buybacks and dividends and refrain from laying off employees until the end of September.

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