Airline travel in the USA, which slumped deeply after the 11 September terrorist attacks, will not rebound until 2003…
Airline travel in the USA, which slumped deeply after the 11 September terrorist attacks, will not rebound until 2003, the US Federal Aviation Administration (
Beginning in 2004, the number of passengers is expected to grow by an average of 4.2 per cent a year, reaching 1 billion by 2013, the FAA said. A year ago, the FAA predicted that US airlines would be carrying 1 billion passengers a year by 2010.
Airlines in the USA cut their flights after 11 September, partly because of the reduced number of flights and delays. Overall, flights dropped by more than 20 per cent, from 1.4 million in 2000 to 991,401 in 2001. Some 22 per cent of flights by the major airlines in 2001 were delayed, cancelled or diverted.
In a separate report, the major airlines` trade group in the country, the Air Transport Association, said the industry lost US$7 billion dollars in 2001, even after receiving US$5 billion in federal grants following the terrorist attacks. It said the industry would not become profitable again until next year.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
