FAA ups 20-year US airline traffic forecast following strong 2015
Demand for air travel in the US in 2015 grew at the fastest rate since 2007, according to FAA, which has slightly increased its 20-year annual growth rate forecast for US airline traffic. FAA said US airlines’ system RPMs increased 3.8% year-over-year in 2015 as domestic RPMs rose by 4.8% and international RPMs lifted 2.2%. International air travel from/to the US in 2015 was negatively affected by the economic slowdown in China and recessions in Brazil and Russia, FAA said. Bumping up its 20-year forecast slightly from last year’s projection, FAA said in a new forecast released March 24 that US airline RPMs will increase at an average annual rate of 2.6% from 2017-2036. The agency last year predicted a 2.5% annual growth rate for US airline traffic for 2016-2035. <br/>
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FAA ups 20-year US airline traffic forecast following strong 2015
Demand for air travel in the US in 2015 grew at the fastest rate since 2007, according to FAA, which has slightly increased its 20-year annual growth rate forecast for US airline traffic. FAA said US airlines’ system RPMs increased 3.8% year-over-year in 2015 as domestic RPMs rose by 4.8% and international RPMs lifted 2.2%. International air travel from/to the US in 2015 was negatively affected by the economic slowdown in China and recessions in Brazil and Russia, FAA said. Bumping up its 20-year forecast slightly from last year’s projection, FAA said in a new forecast released March 24 that US airline RPMs will increase at an average annual rate of 2.6% from 2017-2036. The agency last year predicted a 2.5% annual growth rate for US airline traffic for 2016-2035. <br/>