Air Transport Association estimates modest growth in summer pax
Air Transport Association of America (ATA) released (12-May-2010) the following Summer air travel forecasts, covering 01-Jun-2010 to 31-Aug-2010.
- Passengers: 202 million, +1% year-on-year;
- Domestic: 176 million, stable;
- International: 26 million, +7%;
- Fuel costs: USD2.19 per gallon, +20%. [more]
ATA: "We anticipate that the summer 2010 air travel season will be very modestly ahead of last year. We would like to see even more growth, but this slight uptick in the number of air travelers is a positive sign for an economy and an industry in recovery. One particular challenge that remains this summer is high jet fuel prices. We anticipate that jet fuel prices will be approximately 20% higher than last summer's prices. This means that even as demand continues to gradually improve for air travel, we face rising fuel prices once again, which could hamper recovery efforts," James C May, President & CEO. Source: ATA, 12-May-2010.