“The improving economy continues to bode well for the health of the US air transportation system,” says FAA Administrator, Michael Huerta.
“The FAA and industry are continuing to deploy NextGen technologies and procedures to ensure that the nation’s aviation system can safely and efficiently meet our growing airspace demands.”
According to the FAA's Aerospace Forecast Fiscal Years 2015 to 2035, Revenue Passenger Miles (RPMs) growth for US airlines is projected to grow by an average of 2.5% per annum over the next 20 years while load factors are predicted to rise marginally to 84.2% by 2035.
US airlines served an estimated 756.3 million passengers in 2014, up by 2.3% from the 2013 level, with the figure expected to top 1.1 billion per annum by 2035 based on an average yearly rise of around 2%.
During the same 20 year time period, revenue ton miles (RTMs) for US airlines is predicted to grow to 72.6 billion by 2035 at an average annual growth rate of 3.6%, while air traffic movements are expected to soar from 49.6 million in 2014 to 59.9 million per annum by 2035.