New intelligence from European airport trade body, ACI Europe has revealed passenger traffic at Europe’s airports grew by +4.3% during the first half of this year – a significantly slower rate than last year (+6.7%). But, despite the slowing, the industry still remains quite resilient – especially given the range of economic, geopolitical and other industry-specific challenges that it is confronted with.
It is clear that slowing economic growth in Europe, trade wars and Brexit are not helping – and neither are rising fuel bills, ATM disruptions, airline consolidation and aircraft grounding and delivery delays. The ACI Europe data shows that aircraft movements have been continuously slowing down - from +6.2% in Dec-2018 to just +1.6% in Jun-2019. Its director general Olivier Jankovec says this shows just how risk averse airlines have become in terms of capacity deployment and network development.
Passenger traffic has been holding steady between 4.5% to 5% on a month-by-month basis over the first six months of 2019, but airports in three European Union and four non-European Union countries in Europe still reported double-digit growth versus the same period in 2018.
Our QUESTION OF THE WEEK is… Airports in three EU and four non-EU countries in Europe reported double-digit year-on-year passenger growth in 1H2019, but can you name all seven nations?
JOIN IN THE FUN: Send your answers to: The Blue Swan Daily Content Team
We will be revealing the answers at the same time next week, when we will be setting another question.
Last week we asked…What were the top five nationalities of global passengers travelling on international routes last year?
There is considerable discussion about the growing Chinese outbound market, while there is huge levels of travel in the United States of America (USA). However, it was actually the United Kingdom that was the largest nationality travelling on international routes last year with 126.2 million, or 8.6% of all passengers. USA was second, according to IATA with 111.5 million or 7.6% of all passengers, while China was third with China (97 million, or 6.6% of all passengers. Europe's Germany (94.3 million, or 6.4% of all passengers) and France (59.8 million, or 4.1% of all passengers) made up the rest of the top five positions.