US airlines look to international markets for future growth
The majority of air travel growth will "take place outside of the US borders in developing economies" over the next decade, the US Air Transport Association (ATA) has said. In its Industry Review and Outlook presentation, released this week, the ATA observes that post-recession capacity trends show a “tale of two markets”: domestic capacity has fallen while capacity to/from the US has risen. Over the past decade, domestic capacity has declined by around 8% against international growth of 15%.
