United Airlines UAL, which had a busy summer this year, carrying a record 48 million passengers, expects travel to surge this winter, led by increased travel to Europe. UAL stated that bookings to European destinations have been exceptionally strong and are up nearly 30% from that recorded in 2019 and up nearly 10% year over year.
This indicates that Americans are more inclined to spend their money during holidays on experiences rather than on physical gifts. Per a recent Deloitte…