Air passenger traffic at airports in the European Union in October was down 1.3 percent year over year - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

December 05, 2012 - 09:30 AM ET

Air passenger traffic at airports in the European Union in October was down 1.3 percent year over year while traffic across all European airports edged upward 0.5 percent, according to ACI-Europe, the regional body of Airports Council International. "With passenger and freight traffic in the EU market recording firmly negative results, there is no escaping the deepening impact of the European sovereign debt crisis on the real economy," according to a statement attributed to ACI-Europe director general Olivier Jankovec. "For the first time since October 2009, more than half of Europe's airports are experiencing declines in passenger traffic." ACI-Europe noted that "the contrasting performance of national markets continues to evolve with traffic in Slovenia, the Czech Republic, Slovakia, Greece, Latvia, Spain, Hungary and Italy firmly in recession, while traffic in the U.K., France, Malta and Belgium is essentially flat. Traffic in Ireland and Portugal is showing encouraging signs of recovery, while countries like Germany, the Netherlands and Sweden are recording unimpressive growth. Meanwhile, non-EU markets like Iceland, Russia, Turkey and Moldova continue to register dynamic double-digit growth." The organization also reported that overall European freight traffic dropped 2.2 percent year over year, marking an 18th consecutive month of decline.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Germanwings owner Lufthansa Group, in coordination with industry and government regulators, adopted a rule... read more »
GroundLink appointed two regional sales managers.... read more »
The U.S. Federal Aviation Administration projects U.S. air carrier traffic will increase by an average of 2.5 percent annually... read more »
The Lufthansa Group this week reported a net profit of €55 million for 2014, down 82.4 percent... read more »
U.S. air travel volume this spring will reach its highest level in seven years,... read more »
Alaska Airlines in February was the most punctual major North American airline, with an on-time arrival rate of 87.8 percent,... read more »
Uber for Business introduced customizable policy controls... read more »
Virgin Atlantic on Tuesday reported a profit of £14.4 million for 2014, compared with a loss of £51 million in 2013.... read more »
The global jet accident rate in 2014 reached an all-time low, although the number of passenger fatalities for the year was above average, the International Air Transport Association reported on Monday.... read more »
Lufthansa will introduce a three-tier fare structure for European international routes and domestic Germany routes, the carrier announced this week.... read more »
Airberlin during the next two years will add a discounted pricing tier for short- and medium-haul flights as part of its turnaround plan.... read more »