European airports reported a marked improvement in passenger numbers during October, far outpacing year to date growth by increasing nearly 5%.
Passenger traffic across European airports increased 4.6%. This compares with the year-to-date growth rate of 2.7%. There was a notably strong improvement within EU airports. Passenger traffic at these airports, which have been running at fractional growth rates over the year so far, increased 2.8% in October. The figures are based on data from over 170 European airports.
“While the jury is still out as to whether the Eurozone is slowly on the mend or stuck in stagnation, passenger traffic in the EU has improved markedly in October," says ACI Europe director general Olivier Jankovec. "This is due to an unusual combination of positives across the continent. Airports in Portugal, France, Ireland and the UK are catching up with the dynamic growth of Scandinavia while smaller markets like Lithuania, Malta, Luxembourg and Slovenia are performing very strongly.
"Meanwhile, airports in Greece are back to - still modest - growth and the Spanish market appears to be bottoming out," he says. “These are all encouraging signals, but they need to be treated with caution. Passenger traffic was rather disappointing in other major markets – including Germany, Italy, the Netherlands, and Romania - and airlines have yet to grow their capacity."
Freight traffic was up 4.6% in October at European airports. "The improvement in freight traffic is real, but we are still below 2010 volumes," says Jankovec.