FAA: US passenger growth to slow 1.8% over 20 years
The FAA projects passenger growth for US carriers will advance at an average annual rate of 1.8% over the next 20 years—about 0.1% lower than last year’s forecast—increasing by 48% or roughly 424m passengers from 2018 levels by 2039. That rate is consistent with the long-term historical growth trend, although it falls short of the annual 2.1% passenger growth achieved by US carriers over the last 15 years. The guidance for years 2019-2039 was released April 25 by the FAA as part of the agency’s annual Aviation Aerospace Forecast. International passenger growth at US carriers is expected to expand faster at 3%, compared to 1.6% growth in domestic passengers, causing domestic passengers’ share of total US traffic volume to edge down slightly from 89% in 2019 to 86% in 2039. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-04-26/general/faa-us-passenger-growth-to-slow-1-8-over-20-years
https://portal.staralliance.com/cms/logo.png
FAA: US passenger growth to slow 1.8% over 20 years
The FAA projects passenger growth for US carriers will advance at an average annual rate of 1.8% over the next 20 years—about 0.1% lower than last year’s forecast—increasing by 48% or roughly 424m passengers from 2018 levels by 2039. That rate is consistent with the long-term historical growth trend, although it falls short of the annual 2.1% passenger growth achieved by US carriers over the last 15 years. The guidance for years 2019-2039 was released April 25 by the FAA as part of the agency’s annual Aviation Aerospace Forecast. International passenger growth at US carriers is expected to expand faster at 3%, compared to 1.6% growth in domestic passengers, causing domestic passengers’ share of total US traffic volume to edge down slightly from 89% in 2019 to 86% in 2039. <br/>
