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May 15, 2008

Air Traffic was Up Earlier This Year, But…for How Long?

Filed under: Airlines, Passengers — Rick Seaney @ 11:59 am

We’ve just received the latest figures from the Dept. of Transportation’s Bureau of Transportation Statistics (BTS); the figures, for January and February show that the number of domestic and international passengers GREW by 1.8% for a total of 113.2 million travelers.

But, these figures, I suspect, are a little misleading — we really should wait a couple of months, until the next round of figures comes out.

That’s because we’re already seeing signs of “softening” travel demand — and, we’re seeing NO signs of oil prices coming down.

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