The Federal Aviation Administration predicts U.S. airlines will see a nearly 9% drop in passengers this year as the recession curbs demand for both business and leisure travel. Because the major carriers have reduced capacity by 8%, however, planes should continue to fly about 80% full. If the FAA forecast is accurate, 2009 would see the biggest drop in domestic traffic in some 30 years. The agency expects a recovery to begin in 2010, with domestic boardings growing by 2.3% a year through 2025, when the number could hit 1.1 billion.

Related Summaries