WASHINGTON—FAA is projecting passenger growth for U.S. 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 424 million passengers 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 U.S. carriers over the last 15 years. FAA released the new guidance for 2019-2039 Apr. 25 as ...

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