ACI EUROPE Activities
As 2008 draws to a close, the forthcoming year is looking pretty bleak for airlines and airports alike. As European countries have been injecting billions of euros in their faltering banking systems in the hope of calming down financial markets and preventing the collapse of their economies, an increasing number of European airports have reported falling passenger and freight traffic figures over the last months. Although uncertainty is the order of the day and making accurate traffic forecasts is like reading a crystal ball, the magnitude of this economic crisis means that the downward trend will further accelerate in the coming months. Let’s face it, 2009 is set to be some sort annus horribilis for aviation. By Olivier Jankovec, Director General, ACI EUROPE.
This is it. Once again, aviation has entered a period of heavy turbulence. It all started with an unprecedented rise in oil prices and just as the pressure eased, there came what many portray as the worst financial crisis since the great depression of the 1930s. By Olivier Jankovec, Director General, ACI EUROPE.
As always, June is an important month for ACI EUROPE, with European airports, their business and industry partners, policy makers and regulators gathering together for our Annual General Assembly, Congress and Exhibition, which this time around takes place in Paris. This year’s Congress is about addressing the many challenges faced by the 21st century airport, and it is no surprise that the environment and in particular, climate change will be one of the key issues for discussion. By Olivier Jankovec, Director General, ACI EUROPE.
The never-ending escalation of fuel costs and the consequences of the global credit crunch have already taken their toll on aviation. Although Europe appears to be in a better position compared to the US, the near future definitely looks grimmer. The decision of Ryanair to ground 20 of its aircraft for this year’s winter season is quite revealing, not least because it will directly impact upon several European airports and their communities. By Olivier Jankovec, Director General, ACI EUROPE.
As competition has become the rule of the game for airports across Europe, the need to attract and retain customers is now key to airport operations. By Olivier Jankovec, Director General, ACI EUROPE.