2008-10-27 - EU airlines traffic declineEuropean Airlines see traffic decline
Nachfragerückgang in Europa<br /> The Association of European Airlines has released traffic and capacity data for its members in August and September 2008. Passenger traffic development reached a tipping point in late summer, when a marginal growth of 1.6% in August was followed by a decrease of 1.1% in September.
While negative monthly figures are not unprecedented, previous decreases have been triggered by external shocks such as 9/11, SARS and the Gulf Wars; this was the first traffic loss since the early 1980s which was attributable to essentially economic factors. The August figure was the third in a succession of low growth figures (June: 2.0%, July: 1.2%) which demonstrated a continued resilience in the market while conditions worsened on all fronts.
AEA members' three major operating regions cross-border Europe, North Atlantic and Far East which together account for 70% of passenger-kilometres, increased at 1.4%, 0.9% and 1.5% respectively in August and slipped to decreases of 1.1%, 1.1% and 0.8% in September. The downward trend was compounded by a strong decrease in Domestic traffic, of minus 7.9% in August and 12.4% in September.