EUROPE:GROWTH IS IN THE AIR

ECONOMIC AND POLITICAL UNCERTAINTIES HAVE LITTLE IMPACT ON AIR TRANSPORT IN EUROPE

European air transport continued to grow last year between 6 and 6.5% as airlines – and particularly low-cost carriers – continued to offer more routes within and from the region. Even the Brexit perspective did not affect traffic flows between the UK and the rest of the European Union.

European airport traffic from January to October 2018 showed growth in a range of 6.0% to 6.5%. Within the EU, passenger traffic has thus increased by almost 12% since 2017. Today, Europe’s top 24 airports welcome over 25 million passengers compared to only 14-million five years ago. Air passenger dynamics are driven by the continuous expansion of low cost carriers looking to expand their market share by pioneering new routes. Hubs continue to attract new flights due to global demand with major European airlines and their partners pioneering new routes.