22-Jul-2009 1:00 PM
European traffic crossroads - Signs of a sustained recovery or a relapse?
Analysis
Europe's traffic decline has been steadily abating over recent weeks, with the region's full service carriers keeping capacity growth to a minimum, while passenger demand has gradually worked its way out of the deep hole thanks to unprecedented discounting. European full service carrier demand and capacity have essentially been aligned for the past month and a half, a feat unmatched in the early stages of the year.
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