FAA forecast changes for 2013

The FAA has 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. This is in marked contrast to the 2012 20 year forecast which was 12.5% higher than this one, not to mention the 2011 forecast which as some 26.3% higher. The FAA’s annual forecast yesterday predicted that US airlines’ domestic RPMs will grow 0.7% in 2013 and then average 2.2% annual growth through 2033. US carriers’ international RPMs will be flat in 2013 and then average 4.2% annual growth over the next