Aviation: FAA Sees Slower Growth in Passenger Volume
With the economy unsettled and fuel prices up, the Federal Aviation Administration says passenger volume will rise only slightly this year and at a slower rate than in 2007. FAA says airport operations—takeoffs and landings—also will show little gains.
FAA’s latest annual Aerospace Forecast, released March 10, says U.S. passenger enplanements will increase 1.5% in 2008, to a total of 776.5 million. That compares with a 3.3% gain last year.