FAA lowers 20-year US airline traffic forecast

FAA forecasted that US airlines’ collective traffic will increase at annual average rate of 2.8% over the next 20 years to reach 1.46 trillion RPMs by 2033. The projected rate of growth is down 12.5% from FAA’s 20-year forecast last year and down 26.3% from the agency’s 2011 forecast. Despite the...

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