Strong Cargo Growth Projected ...Following an average 4 percent overall decline in 2001-2002, system-wide air cargo is expected to increase at better than a 4 percent rate for the foreseeable future, according to the FAA. Over the next ten years, international air cargo will outpace domestic movements in total revenue ton miles (RTMs). Large Air Carriers--Air Cargo
Aviation Activity
Total Cargo RTMs* (Millions)
Total Cargo RTMs* (Millions)
Historical
Forecast
%Change
Domestic
International
System
1995
12,416
10,812
23,228
2001
13,934
14,547
28,481
2002
13,115
14,231
27,346
2003
13,770
14,847
28,616
2004
14,310
15,659
29,969
2014
20,843
28,114
48,956
2002-2014
3.9
5.8
5.0
Source:FAA
*RTM=
Revenue
Ton
Miles
While Fuel Slow To Rebound
Total Jet Fuel Consumption U.S. Civil Aviation Aircraft
(Millions of Gallons)
Jet Fuel
U.S. domestic airline fuel utilization is not expected to reach 2000 levels again until 2005-06, according to the FAA. Meanwhile, general aviation is forecast to see more significant growth, after seeing only a modest decline in usage in 2001. Avgas use is expected to grow to an estimated 324 million gallons in 2003. Fiscal Year
U.S. Air Carriers 1/
General Aviation
Total
Domestic Int'l. Total Historical1997
2000
2002E
Forecast
2008
2014
Source: DOT/FAA
13,429
14,746
12,691
15,117
18,219
4,818
5,297
4,830
6,099
8,013
18,247
20,043
17,521
21,215
26,232
642
998
1,015
1,524
2,262
18,889
21,041
18,536
22,739
28,494
