FAA is cautiously optimistic for US airlines over the next 20 years in its latest Aerospace Forecast, which predicted US passenger growth over fiscal years 2014-2034 to average 2.2% per year.  The report noted that “the capacity discipline exhibited by [US] carriers and their focus on additional revenue streams bolstered the industry to profitability in 2013 for the fourth consecutive year.” According to the report, 2014 is expected to be a year of slow growth, but through ...

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