ACI EUROPE Activities
The peak summer months have seen European air traffic pursuing its recovery, a more than welcome trend after the unprecedented fallout caused by the Eyjafjallajoekull volcano – not to mention the massive declines of last year. With monthly passenger growth above 5% in recent months, the prospects are looking up again. By Olivier Jankovec, Director General, ACI EUROPE.
Since 2008, it seems to me that writing for this editorial on anything but the state of near-constant crisis in which the aviation industry has lived would put me off message. But as I was already looking ahead to the summer, I thought Europe’s airports would be back to some form of operational and commercial ‘normality’. Alas, this proved to be nothing more than wishful thinking. After the global crisis and a renewed terrorist threat, a volcanic eruption was just around the corner. By Olivier Jankovec, Director General, ACI EUROPE.
Europe’s airports certainly did not need yet another terrorist threat in the final days of 2009 to conclude their most challenging year on record. With nearly 3 years of growth lost for passenger traffic – the equivalent of close to 100 million passengers gone – and 4 years of growth lost for freight, the past year already deserved to be called an annus horribilis. By Olivier Jankovec, Director General, ACI EUROPE.
Fresh data for the third quarter of 2009 released by Eurostat, the EU’s statistical office, have confirmed expectations. With eurozone countries reporting a +0.4% growth compared with the previous three months, European recession is officially over. Although this is certainly good news for aviation, it cannot be taken for more than what it is: brighter light at the end of the tunnel. By Olivier Jankovec, Director General, ACI EUROPE.
A year has passed since air traffic started its unprecedented decline in the wake of Lehman Brothers bank going bust. It has certainly not been a cheerful summer for European airports. Systemic capacity cuts by airlines combined with the bankruptcy of MyAir and SkyEurope have translated into traffic losses for the vast majority of airports. Only a happy few have experienced traffic gains, exclusively driven by low cost carriers. But even then, this has often been at the expense of other airports, with aircraft moving from depressed markets to others looking more promising. By Olivier Jankovec, Director General, ACI EUROPE.