Aviation is the safest its ever been. Its also an industry that has challenges headed its way. As the market stands now, trends suggest an industry continuing to change over the next several years with international markets growing twice as fast as domestic markets. In addition, we expect the numbers of larger regional jets flying to increase while many smaller regional jets are retired. There will be increases in corporate jet flights, fractional ownership, and very light jets. Finally, airline operations are expected to return to traditional levels at most 'hub-and-spoke' airports. In 2008, we expect minimal gains in domestic capacity, with larger gains coming in international markets, especially in the Atlantic, as the US-EU open skies accord is implemented. The size of aircraft in domestic markets will fall slightly as airlines continue to adjust their operations to better match demand.


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    Title :

    FAA Aerospace Forecasts: Fiscal Years 2008-2025


    Publication date :

    2008


    Size :

    96 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English