To test the hypothesis that pressure waves in the airways propagate at the speed obtained from maximal expiratory flow we compared wave speeds (WS) associated with flow limitation and phase velocities (PV) of oscillatory pressure waves in four excised calf tracheae for transmural pressures (Ptm) between 0 and -10 kPa. WS was calculated from static area-Ptm curves using the acoustic reflection technique. PV was determined by the forced oscillation method between 16 and 1024 Hz. WS ranged from 80 to 120 m/sec slightly increasing with decreasing Ptm. PV was relatively constant between 60 and 160 AZ with values between 170 and 310 m/sec. With decreasing Ptm, PV also increased, however, at 100 HZ it was 1.5-2.5 times higher than WS at all Ptm. In one additional trachea we found that PV decreased from approximately 200 m / sec at 7 Hz to approximately 130 m / sec at 0.23 Hz approaching WS. We suggest that VP is larger than WS because of the differences in airway wall mechanics during small-amplitude oscillations and large amplitude oscillations and large amplitude unidirectional wall motion such as a forced expiration. These results may provide an additional explanation why expiratory flow during rapid breathing or expiratory transients can exceed the maximum expiratory flow-volume envelope.