ACI notes slowing of worldwide airport passenger traffic growth in April – 04/06/08
Source: ©The Moodie Report
By Martin Moodie
INTERNATIONAL. Global passenger traffic growth slowed markedly in April compared with earlier months, said Airports Council International (ACI) yesterday.
International traffic, which in previous months buoyed overall traffic results, grew by a modest +2%, and domestic traffic fell by -5.4% year-on-year.
“This drop reflects the impact of slowing economic growth and high fuel prices on airline fares and consumer confidence,” said ACI. “The largest domestic market, North America, was down by -13% as a result of flight cancellations (American Airlines’ mandatory groundings), ongoing route reduction and carrier consolidation, and the absence of Easter holiday travel (in March in 2008 and in April in 2007).
A modest April but it's a case of 'so far so good' for international passenger traffic in 2008
The figures echo those of the International Air Transport Association (IATA), which said last week
that year-on-year international passenger demand grew by a modest +3% in April.
In both cases it should be noted that the impact of an early Easter holiday in 2008 will have reduced comparative year-on-year traffic growth. For international traffic – the key driver of travel retail – the numbers may be modest compared with recent months but they still represent year-on-year growth. The whole industry would settle for a similarly muted pattern for the remainder of 2008.
Your post will appear – once approved – in The Moodie Forum on our home page
MORE STORIES ON AIRPORTS COUNCIL INTERNATIONAL
Central and Eastern Europe airports to the fore as European passenger traffic rises +5.8% during first quarter – 19/05/08
International passenger traffic posts strong gains in March, reports ACI – 01/05/08
ACI PaxFlash: International passenger traffic posts strong surge in February – 10/04/08
ACI Europe reveals robust 2007 traffic trends – 25/03/08