ACI Europe: Total passenger loss in Europe since the start of 2020 at close to 1bn

ACI Europe reported (07-Aug-2020) traffic recovery has been slower than expected in Europe in Jul-2020, following some coordination of the lifting of travel restrictions at the EU level as of mid Jun-2020. Passenger traffic across the European airport network declined by 78% year-on-year in Jul-2020, translating to an additional 208 million passengers lost, bringing the total passenger loss since the start of 2020 to 969 million. The organisation also noted that the pace of the recovery has further slowed due to travel restrictions being reimposed. ACI Europe DG Oliver Jankovec commented: "Despite desperate efforts to trim down their costs Europe's airports are burning cash at the height of the summer... this does not bode well for the coming months. If the recovery does not accelerate significantly, many airports will simply run out of money". [more - original PR]