ACI-Europe: Passenger traffic comes closest yet to full recovery
Source: ACI-Europe Demand remains bullish – despite airlines setting fares more than 6 times higher than consumer inflation rate The air traffic report for April 2023 released today by European airport trade body ACI EUROPE shows passenger traffic made further gains towards a full recovery, but with wide performance divergence across the continent. Passenger traffic in the European airport network grew by +21.1% in April compared to the same month last year. Considering that travel restrictions had largely been eased in Europe by that time last year, such increase is significant. As a result, when compared to pre-pandemic (April 2019) levels, volumes in April this year stood at -7.6% - a further improvement over the preceding months (Q1 was at -10.6%). Olivier Jankovec, Director General of [...]