The Association of European Airlines has released traffic and capacity data for its members in August and September 2007. Growth rates in August were affected by comparisons with a depressed baseline in August 2006, when security concerns caused schedule disruptions and prompted stringent new baggage restrictions. Consequently the 2007 figures contained an element of traffic recovery which boosted the growth rate to 7.0%, with a capacity increase of 4.9%. The September figures were much more representative of the year-to-date trends, with a 4.5% traffic growth outstripping a 4.0% increase in capacity, leading to an improvement in load factor of 0.4 points, to 79.7%., an all-time high for September.
Around the regions, established trends were maintained in September; the South Atlantic continuing to lead the way with an increase of 11.3%, whilst among the major markets cross-border Europe was up 6.8%, North Atlantic +4.3% and Far East +1.5%. Of these, only the North Atlantic failed to match the capacity development, with a one-point loss of load factor..
Said AEA Secretary General Ulrich Schulte-Strathaus: “With three-quarters of the year’s results already in, we can predict a traffic increase for the year of 5%, modest by historical standards, and a capacity increase almost a full percentage point lower. We are still awaiting the conditions which would make trends such as these entirely sustainable – most notably the realisation of the Single European Sky – but the prospect of carbon-neutral growth for the AEA airlines is a realistic one”.
Source: Association of European Airlines (AEA)
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