Aviation growing despite 'muted recovery'
March 17, 2015
By Dan Namowitz
The FAA has released its annual aviation activity forecast calling for U.S. carrier passenger growth of 2 percent a year through 2035, and a "favorable" outlook for general aviation as a growing fleet generates an expected 1.4-percent annual increase in hours flown."The long term outlook for general aviation is favorable, and near term also looks promising especially for piston aircraft activity which is sensitive to fuel price movements," said the FAA Aerospace Forecast for Fiscal Years 2015-2035.
General aviation’s fleet was forecast to increase 0.4 percent yearly, from 198,860 aircraft in 2014 to 214,260 in 2035. Fixed-wing turbine aircraft were forecast to drive general aviation fleet growth at a rate of 2.2 percent per year, while rotorcraft growth was forecast at 2.5 percent per year. Fixed-wing piston aircraft were forecast to decline at a rate of 0.6 percent per year. Light sport aircraft, however, were forecast to increase in numbers from 2,056 active aircraft in 2013 to 5,360, for an annual growth rate of 4.3 percent.
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