This year’s air travel is growing, but will demand for passengers continue until the end of the European summer vacations?
This week, the Airports Council International (ACI) Europe conducted its annual convention in Rome with the topic of the upcoming peak season as its main concern.
Since the start of the coronavirus crisis, which has severely impacted the aviation industry since 2020, the summer is shaping up to be by far the finest.
According to Eurocontrol, a pan-European air traffic regulator, several carriers, like Ryanair, and nations, like Greece, have already regained or even exceeded their daily flying numbers for 2019.
According to Eurocontrol, air traffic on the continent was 86% of what it was at this time last year last week. Under its most optimistic projection, this percentage may rise to 95% in August.
And despite a dramatic increase in ticket costs, lengthy waits in airports from Frankfurt to Dublin to Amsterdam, and strikes by flight attendants, pilots, or air traffic controllers, businesses are filling seats for the upcoming weeks.
How about then?
Olivier Jankovec, director general of ACI Europe, stated that “Visibility is poor because there is a great deal of uncertainty.”
The jury is yet out on how the current state of the European economy, which is one of conflict, the possibility of a severe recession, and record-high inflation will affect consumer confidence.
Henrik Hololei, director general for transport and mobility at the European Commission, concurred.
There will be a lot of turbulence, so we definitely need to fasten our seatbelts, he warned the attendees.
Despite strong summer start, Europe’s aviation industry frets https://t.co/hdGhGHdx5f
— Times of Malta (@TheTimesofMalta) June 26, 2022