Summer Passenger Numbers Forecast
Airlines should expect a one percent decline in passenger numbers this summer. That'a according to the Air Transport Association of America. In a press release the association says, "Record-high jet fuel prices, a weakening economy and airline capacity cuts are the main reasons for the reduction in the number of passengers; still airplanes will be flying with relatively full loads."
Our passenger numbers tend to bear out this prediction. January thrugh April our numbers are down two percent over last year. The more telling statistic is the decline in flights. In April of last year we had 944 scheduled flights. This April the number was down to 890. This is a direct reflection of "airline capacity cuts."
Kent
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