The US Department of Transportation today reassigned16 peak-hour runway timings, aka slots, previously operated by Southwest Airlines at Newark-Liberty International Airport to Spirit Airlines.
This comes as as weary people attempt to resume some sort of normal post-covid routines after the disastrous Trump mis-administration that ignored the deadly effects of a corona virus that is still mutating. Let the finger pointing start or rather continue. That said, AutoInformed notes once again that airlines are in effect a free international marketing tool that promotes the use of automobiles and automobility. Continue reading
Demand Greater than Supply during June in US
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New US light-vehicle sales in June 2022 were down year-over-year and barely up from last month. June 2022’s SAAR of 13 million units was down 16% compared with June 2021, but up 2.3% compared with May 2022. June’s sales brought the second-quarter SAAR to a total of 13.4 million units, a decrease from the first quarter’s 14.1 million. According to Wards Intelligence, inventory at the start of June 2022 was down 25% year-over-year and was less than a third of the pre-pandemic level.
“The shortage of microchips continues to limit vehicle production, but it’s not the only hurdle. Numerous other supply chain disruptions have limited OEM production, and many OEMs continue to nearly complete their vehicles and park them while they await chips. Unfortunately, these supply chain issues will continue to limit new-vehicle production, inventory and sales levels for the rest of the year,” said Patrick Manzi, chief economist of the National Automobile Dealers Association.
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