The CEO called his massive aircraft manufacturer a «big growth engine for the economy,» in which
passenger traffic growth is currently outpacing the growth of the U.S. GDP.
Not exact matches
Passenger traffic in the travel sector is growing at 7 percent a year — outpacing the United States» near - 2 percent GDP
growth — and Boeing is at the center of the trend, Dennis Muilenburg, its chairman, president and CEO told CNBC on Thursday.
«We see air
traffic growing and
passenger traffic growing at about 6 percent to 7 percent a year, and that's feeding airplane
growth throughout the world,» Muilenburg said at the time.
Based on October
traffic and booking trends, thus far, we expect solid
passenger unit revenue year - over-year
growth in the fourth quarter.»
Still,
passenger revenues climbed in the first quarter from $ 3.1 billion last year to $ 3.5 billion this year, driven by
traffic growth of 11.4 per cent and yield improvement of 0.4 per cent.
«The
growth in
passenger and freight
traffic supports our continued investment in expanding and improving our facilities at Dubai International,» said Paul Griffiths, CEO of Dubai Airports.
«Both airports have ambitious
growth goals and we will work closely with MAG to ensure that increased air
traffic movements and
passenger numbers, can be successfully realised.»
The increase in
passenger figures marks the airport's fifteenth consecutive month of year on year
growth, with performance attributed to an increase in international scheduled
traffic at 14 per cent higher than August 2012.
As tourism numbers soar in Mexico's Riviera Maya, the Cancun International Airport is reporting record
growth in
passenger traffic, all of which is working to drive the Riviera Maya real estate market to new heights.
Airline
growth is usually measured by an increase in
traffic; i.e., an increase in
passenger - miles and an increase in ton - miles of freight.