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14-Jul-2009 7:35 AM

Relief as European traffic stabilises

Analysis

Traffic for Europe's full service carriers has crossed an important threshold, with total demand (RPKs) moving ahead of capacity (ASKs) for the first time in ten weeks in early July. Long-haul markets to the Asia Pacific and North America continue to improve, with capacity cutbacks now roughly in line with demand. Intra-European markets saw carriers withdrawing capacity much more strongly than the fall in demand.

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