The US air carriers industry has experienced a persistent decline in the number of units from 2013 to 2023. In 2013, the number stood at 71 units, decreasing steadily to 54 units in 2023. The variations per year show a generally negative trend with few exceptions, such as a slight increase of 1.59% in 2016. The last two years have seen year-on-year declines of 1.79% in 2022 and 1.82% in 2023. The average annual decrease (CAGR) over the last five years has been approximately -2.41%.
Future trends to watch in the US air carriers industry include technological advancements in air travel, potential consolidation within the sector, regulatory changes, and shifts in consumer travel behavior. These factors could influence the forecasted continuous decline, which predicts a further reduction to 47 units by 2028 with a CAGR of -2% and a 5-year growth rate of -9.62%.
