Skift Take
It's nice that the FAA expects consolidation to have eliminated all the problems in U.S. aviation. But history has shown that the reality for these companies is usually more complicated, for a variety of reasons including corporate greed and geopolitical tension.
The last decade has been tumultuous for U.S. airlines but years of consolidation, along with innovations like unbundled fares, have improved the profitability of the airlines left standing.
The new structure of the industry will contribute to sustainable growth going forward, according to a new report from the Federal Aviation Administration (FAA) on the future of U.S. aviation through 2036.
The "FAA Aerospace Forecast: Fiscal Years 2016-2036" report paints a picture of solid fundamentals for commercial carriers, especially as international travel to the U.S. has become more popular.
While international turmoil will likely contribute to constrained growth compared to
