Only 44% of airports in Europe have exceeded 2019 passenger traffic levels despite the total volume across the region recovering to 95% of pre-COVID levels.
European airports saddled in debt accumulated during the pandemic need government financial backing to meet decarbonization goals, ACI Europe's chief warns.
Capacity constraints will prevent a full recovery within Europe’s short-haul market this summer, dampening traffic growth but signaling higher yields for LCCs.
Europe’s airports are facing a “polycrisis” situation as they battle to decarbonize, against geopolitical and macroeconomic risks that could threaten demand.
Eurocontrol Director General Raúl Medina says the industry is better prepared than summer 2022, when staff shortages contributed to widespread disruption.
ACI Europe Director General Olivier Jankovec also says that airport charges are up 7% compared with before the pandemic, while airfares have risen by 32%.
The European Parliament has approved the introduction of a 75/25 slot rule for winter 2022/23, ahead of returning to the standard 80/20 ‘use it or lose it’ rule in summer 2023.