Single-digit growth expected at European airports; rising new markets a challenge: ACI EUROPE

ACI EUROPE has forecast European air traffic growth of 6% for passenger traffic and 5% for freight in 2011, with the association noting that the more positive traffic developments in the first months of 2011 send a “strong signal that the turning point for European air traffic has been reached”. [1261 words]

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This report contains the following subheadings:

• Demand to continue to be affected by sluggish economic growth
• Structural shift to new aviation powers in Middle East, Asia and Latin America
• LCC impact
• Cost remains high; capital costs a concern

This report contains the following charts and tables:

• ACI EUROPE traffic growth: 2006 to 2010
• ACI EUROPE traffic growth: 2006 to 2010
• Global shift in aviation per continent
• Airport revenues by source in 2009
• Capital expenditure: 2009 – 2011