European full service airlines struggle amid demand drop, capacity reductions still not enough

Europe's full service airlines have continued to see the deterioration in demand outpace their efforts to cut seat numbers. For the week ended 17-May-2009 (Week 20), total passenger traffic (RPKs) for Association of European Airlines (AEA) members was down 9.5% year-on-year, a mild improvement on the 9.9% fall the previous week. However, its still one of the strongest falls since the Easter period.