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The economic outlook for European airports

22nd June, 2010

As the Centre for Asia Pacific Aviation has frequently pointed out, the air transport industry is subject to a whole range of external shocks that have the effect of knocking it back to a position worse than it was in before, so that ever greater efforts are required to restore growth trends. These shocks tend to be much more pronounced than they are in other sectors. [2779 words]

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This report contains the following subheadings:

  • Living with the Constant Shocks Syndrome
  • The UK Government's War on Aviation
  • "Death and aviation taxes"
  • Silver lining to the ash cloud
  • Airports coming to terms with the environment
  • Some recovery under way, but with disparities
  • Airports have become "businesses in their own right"
  • A New World Order, where emerging nations drive growth
  • The four challenges for airports

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