AEA airlines see passenger growth in first half
In the first six month of 2013, passenger numbers of the Association of European Airlines’ (AEA) members increased by 2.9 million, a growth of 1.7% compared to the results of last year.
Long-haul passenger traffic to and from Europe increased by 3%, while international short- and medium haul traffic (intra-Europe, Middle-East and North-Africa) posted 3.2% growth.
Airlines once again exercised considerable capacity constraint. With total scheduled available seat-kilometres growing by just 1.2%, less than half than the rate of RPK traffic growth, resulting in record-high passenger load factors, up by 1.2 % points to 78.8%.
Cargo products carried both on all-cargo aircraft and in passenger aircraft belly space account for 10% of the total commercial revenue of European network carriers. Air freight activity is facing serious challenges: it is still posting negative performance with a decline of 0.2% but more recent monthly trend is showing signs of improvement.
“European airlines are constantly confronted with challenges that jeopardise their profitability. 2013 is a crucial year for our members to overcome these challenges with the implemented cost-cuttings, capacity adjustments and revenue improvements” said Mr Athar Husain Khan, acting Secretary General of AEA.