FAA Releases Annual Forecast

by King Aircraft Title, Inc. on March 5, 2013

The Federal Aviation Administration (FAA) today released its Annual Aerospace Forecast Fiscal Years 2012-2033*that provides a comprehensive examination of current and future trends in air transportation.

The comprehensive report looks at all aspects of aviation including the numbers of flights, commercial airline passenger totals, aircraft fleet size, private flying, and international travel.

The FAA uses the forecast to determine how best to devote its workforce and resources, and the aviation community also uses the forecast for planning and investments.  A fact sheet** is available to provide a snapshot of the report’s projections.

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