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Wednesday, Nov 22, 2017

European airline traffic in June, preliminary results for July

The Association of European Airlines has released traffic and capacity data for its members in June 2009, along with a projection for July.

The June figures, while evidently not as extreme as the minus 8.3% recorded in May, remained heavily negative. Overall, passenger volume was down 6.5% on June 2008. A very small increase was posted by traffic to/from Sub Saharan Africa, slightly higher figures on Middle Eastern and North African traffic; otherwise, all route areas were substantially in deficit.

Intra-European traffic was 6.3% down, while the North Atlantic was at minus 7.0%. The hardest-hit market was between Europe and the Far East, at -10.7%, the first double-digit traffic loss in this region since the SARS epidemic of 2003.

Seat capacity in June, at -4.9%, was close to the May figure, confirming that carriers were systematically reducing frequency, although at a rate that still did not match the weakening market. Consequently, load factors continued to decline, although the decrease, of 1.3 points (down to 77.0%) was less severe than in previous months.

The airfreight market showed no signs of revival, with a 20.7% decrease, and with both the major traffic flows - North Atlantic and Far East - posting losses more severe than this, at -21.8% and -24.9% respectively.

AEA's preliminary figures for July, based on weekly reports, open a new panorama. The negatives are still very much in evidence, but on a reduced scale, with an indication for the month of minus 2.2%.

The provisional July figures also show capacity reductions at a lower rate than in May/June, at around 3%, but at last sufficient to counteract the market decrease and drive a small improvement in load factor.

Source : Association of European Airlines

Published on ASDNews: Aug 10, 2009


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