Airport trade body ACI Europe has released the air traffic report that shows passenger traffic grew by 4.4% at Europe’s airports for the first quarter of this year (Q1).
The air transport report involves civil aviation passenger flights such as low-cost, full-service and charter.
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EU airports reported an increase in passenger traffic by 4.8%, with airports in Austria and Estonia posting double-digit growth in Q1.
Romania, Greece, Poland, Slovakia, Portugal, Spain, Ireland, and Luxembourg grew more than the EU average.
ACI Europe director general Olivier Jankovec said: “While softening compared to the past two years, passenger traffic remains dynamic, especially in the EU. This reflects improved economic data in the Eurozone and a more benign global economic outlook for now.
“But, while prospects have somehow moved from a half-empty glass to a half-full one, black spots still abound. Volatile oil prices, continued airline consolidation, ATM disruptions and increasing airport capacity constraints will limit airline capacity growth in the coming months.
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By GlobalData“On the demand side, sliding imports and a risk of trade escalations are ever-present. And over the medium-term, rising concerns about aviation’s environmental impact will likely add to the downward pressures.”
Sweden was the only country that reported a decline of 4.1% in passenger traffic.
The report showed airports in the non-EU market registering a lower growth rate due to traffic losses in Turkey and Iceland.
Meanwhile, passenger traffic at airports in Russia, Georgia, Ukraine, and Belarus recorded double-digit growth.
During the quarter, freight traffic showed a decline of 1.8%.
