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FAA forecasts slower rate of passenger growth

FAA forecasted that US airlines' collective traffic will grow at an average annual rate of 3.2% over the next 20 years to reach 1.57 trillion RPMs by 2032, down 15.8% from the 3.8% average annual passenger traffic growth rate predicted by the agency last year.

FAA forecasted that US airlines' collective traffic will grow at an average annual rate of 3.2% over the next 20 years to reach 1.57 trillion RPMs by 2032, down 15.8% from the 3.8% average annual passenger traffic growth rate predicted by the agency last year. At its annual Aviation Forecast Conference in Washington Thursday, FAA projected that US airlines will grow passenger capacity at an annual average rate of 3.1% over the next two decades, reaching 1.89 trillion ASMs by ...

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