A NEW KIND OF NORMAL : TRAFFIC RESPONDS TO ECONOMIC ACTIVITY BUT A DISMAL U.S. FINANCIAL PERFORMANCE KEEPS THE INDUSTRY MIRED IN RED INK

This 2005 forecast of the airline industry opens with the North American markets losses in 2004. The article details specific company losses focusing on statistics that implicate oil costs as a major cause of industry losses. Various industry managers weigh in on price prediction for oil, while a sidebar titled Recovery Without Profits explains how the industry will lose money in the context of 2005 growth. The article also addresses changes in the Asia/Pacific region followed by a report on new aircraft production, utilization, capacity and loads. Included are discussions on Middle-East regional growth, European regional growth, as well as the world economys effect on the industry. Tables indicate U.S. and World Airline Revenues and expenses over ten years, as well as World and U.S. airline traffic. The article concludes by noting that along with returning traffic, congestion- based delays are expected to grow.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00986878
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Mar 2 2005 12:00AM