Consulting group forecasts $25B drop in airline revenue

In a new research report, Boyd Group International predicts 41 million fewer passengers will board U.S. airlines this year, leading to "massive declines in aviation revenues." Unless ticket prices rise significantly, industry revenues will drop by $25 billion through 2011, Boyd says. The decline in demand for air travel doesn't hurt just the airlines, however. Over three years, airports will lose $573 million in passenger fees and federal tax revenues will drop $4.9 billion, according to Boyd's projections.

View Full Article in:

Fort Worth Star-Telegram (Texas) · American City Business Journals

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Executive Director
New York City Anti-Violence Project
New York, NY
Senior Reliability Program Specialist
FedEx Express
Memphis, TN
Supplier Diversity Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC
Leadership Programs Manager
National LGBTQ Task Force
Washington, DC
Affiliate Relations, External Affairs, & Policy Fellow
National Gay & Lesbian Chamber of Commerce
Washington, DC