There is good news for the future of aviation on the way after the FAA released its annual Aerospace Forecast for 2011-2031.
A few key points from the forecast:
- The general aviation fleet will grow from 224,172 in 2010 to 270,920 in 2031
- General aviation flight hours will increase from 24.1 million in 2010 to 37.8 million in 2031
- 4% increase in business turbine flight hours annually
- 3% increase in rotorcraft hours annually
- 0.7% in piston aircraft flight hours annually
After the previous two years or so of recession and lower flight hours, it appears as though recovery is on the way. As many aviation experts have predicted, it appears the general aviation market will begin to thrive again in the coming years.
FAA Sees Slow Stable General Aviation Growth, Despite Rocky 2010 | AVIATION WEEK
